TSLA at $487.50 (+1.31%) in pre-market on analyst upgrades from RBC, Deutsche Bank, Truist

Tesla (TSLA) saw strong pre-market gains, trading at $487.50 (+1.31%), driven by a flurry of analyst upgrades, most notably RBC initiating coverage with a "Buy" rating and a $500 price target.

• Deutsche Bank raised its rating to "Buy" and increased its price target to $500, specifically citing the potential of the Robotaxi business model.
• Truist also raised its target to $444 (maintaining "Hold"), emphasizing the importance of progress in AI and autonomous driving.