Veytics Intelligence
2026-10-28 · Yahoo

Is Tesla's Narrative Shifting? Why the Stock Deserves a Second Look

Electric vehicle (EV) and tech giant Tesla TSLA has had a rough year in the markets, especially after a tough stretch of challenges that weighed on sentiment. Lately, though, the story seems to be turning. The stock gained 9.5% over the past two trading sessions. Two catalysts may explain the move. Barclays upgraded Tesla to Overweight and raised its price target to $450 from $370, pointing to a possible SpaceX SPCX merger. Separately, Latvia authorized Tesla's Full Self-Driving (FSD) software, per Teslarati, making it the 10th EU country to do so. But the rally does not seem just headline-driven. The third-quarter numbers gave investors real reasons for optimism. Tesla, Inc. Price, Consensus and EPS SurpriseTesla, Inc.

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