With a steady price target of $280, Truist Securities maintained its Hold rating on Tesla Inc. (NASDAQ:TSLA) shares on May 24. Analyst William Stein offered insights into how Tesla’s upcoming Robotaxi service might affect the company’s stock price.

The top five companies -- Apple, Microsoft, Nvidia, Amazon, and Alphabet -- currently have a collective market value of $14 trillion, and Tesla is worth about $1 trillion. So, Musk's prediction currently implies 1,300% upside as the company leans into major opportunities in autonomous driving and robotics products.

Tesla’s rollout of its robotaxi will usher in a “golden age of autonomous” and could send the EV maker’s beaten-down stock soaring by 40%, WedBush analyst Dan Ives predicted Friday.

Elon Musk promised the June Austin Robotaxi would operate "unsupervised." New disclosures suggest that won't happen, but what will?

Tesla's June robotaxi debut in Austin is a go, but it will be invite only, a Morgan Stanley analyst, who visited the company's Palo Alto office, said.

The Tesla Analyst: Wedbush analyst Ives maintained an Outperform rating on Tesla and raised the price target from $350 to $500. Read Also: Tesla Q1 Misses Estimates As Tariff Pressures Weigh On Outlook, Lower-Cost EVs Still On Track

ARK Investment Management LLC's founder, Cathie Wood, agrees that Tesla Inc. (NASDAQ:TSLA) has suffered brand damage owing to CEO Elon Musk's close ties with the Trump administration as well as his activities with DOGE.

Wedbush Securities analyst Dan Ives, a longtime Tesla bull, early Friday raised his Tesla stock price target to 500, up from 350, representing 46% upside as he believes "the golden age of autonomous is now on the doorstep for Tesla" with the EV giant poised to launch a limited robotaxi service in Austin,