UBS says Tesla (TSLA) missed Q3 earnings estimates in part due to taxes. “We got very little else in terms of near-term outlook,” the analyst tells investors in a research note. UBS believes this purposeful as Tesla is navigating the transition from an electric vehicle maker to an artificial intelligence company. The firm thinks Tesla’s current market cap already gives $900B of value to the company’s AI ventures. It keeps a Sell rating on the shares with a $247 price target
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