JPMorgan Chase Upgrades Tesla Rating to "Neutral," Bullish on Its AI and Hardware Integration Ability

BlockBeats News, June 5th: JPMorgan Chase upgraded Tesla from "Underweight" to "Neutral," stating that the stock's value is increasingly tied to autonomous driving, robotics, artificial intelligence, and software, rather than short-term electric vehicle earnings.

The bank raised its price target from $145 to $475, citing Tesla's strong hardware-software integration and long-term growth potential. However, it warned that regulatory, safety, and execution risks remain significant.