{
  "id": 7764929,
  "title": "Citizens maintains Tesla stock rating on autonomous vehicle skepticism",
  "url": "https://urgent.news/2026/09/16/citizens-maintains-tesla-stock-rating-on-autonomous-vehicle-skepticism",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T10:34:48.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/citizens-maintains-tesla-stock-rating-on-autonomous-vehicle-skepticism-93CH-4903315"
  },
  "original_language": "en",
  "account": "Citizens analyst Andrew Boone has retained a Market Perform rating for Tesla (TSLA) stock, citing skepticism surrounding the company's autonomous vehicle technology. Tesla's stock is priced at $356.58, boasting a high P/E ratio of 330, and has experienced a 21% decline year-to-date. InvestingPro analysis indicates that Tesla is currently overvalued, placing it among the most overvalued stocks. The firm recently hosted an Autonomous Vehicle Day in San Francisco, where presentations from various autonomous vehicle companies were showcased. Analysts believe American autonomous vehicle companies are entering an inflection point, with commercialization expected by 2027. The event highlighted Waymo's leadership in the autonomous vehicle sector. Despite the skepticism from the industry, Citizens maintains a price target of $100 for Uber, whose expansion plans were reinforced during the event. Tesla recently revised its delivery forecast for Q3, with Goldman Sachs lowering its estimate to 435,000 vehicles from 490,000 due to weaker-than-expected performance. Tesla China introduced a new Model Y Performance All-Wheel Drive variant in China, priced at $54,975. The U.S. National Highway Traffic Safety Administration began an investigation into Tesla's certification compliance for its autonomous Cybercab robotaxi. Morgan Stanley also reiterated an Equalweight rating on Tesla stock, highlighting the potential impact of autonomous trucking on the freight industry, estimating the market value to range between $0.5 trillion and $1.1 trillion by 2041. Additionally, Kalshi Inc. is seeking regulatory approval for single-stock perpetual futures in the U.S., including Tesla shares.",
  "summary": null,
  "key_points": [
    "Citizens analyst retains Market Perform rating for Tesla stock",
    "Skepticism surrounds Tesla's autonomous vehicle technology",
    "Tesla priced at $356.58 with P/E ratio of 330"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}