Tesla

TSLA

Market cap $1.47T

As analysts and investors look to adjust future valuations for Tesla stock based on future growth of FSD and autonomous vehicles, Tesla could be using a new strategy to get drivers to use FSD more.

It's been a while since investors got this excited about one of Elon Musk's social media posts.

Something unusual is happening in tech. Valuations have fallen so far in 2026 that traditional value investors — the bargain hunters who normally wouldn't touch high-growth stocks — are starting to pay attention.

On Wednesday, Tesla stock was up 7%, leading the way on a broad rally for tech megacaps.

Shares of Tesla Inc NASDAQ: TSLA were firmly in a downtrend to begin April, down significantly from their December all-time high. While the stock hasn't set a fresh low in nearly a week, the broader picture remains one of weakening momentum and fading confidence.

TD Cowen didn't change its mind on direction, only on altitude. Analyst Itay Michaeli maintained his bullish stance while adjusting the price target to $490 from $519.

The AI5 chip, which Tesla says will power humanoid robots and supercomputers, has completed a critical step.

Two Wall Street analysts advise caution on Tesla ahead of earnings. Tesla missed its deliveries target last week -- and is getting ready to spend heavily on AI chips.

Tesla shares popped on Wednesday after the company rolled out software updates for its vehicles, and CEO Elon Musk touted chip tech progress. The spike also followed an upgrade from formerly bearish UBS analysts.

Tesla stock is down more than 20% from its 52-week high. This trade can generate a 13% annualized return or offer discounted shares.