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Rani Molla

Deutsche Bank thinks that Tesla won’t meet its sales targets, but that the stock will go up anyway

In an analyst note released today, Deutsche Bank raised its Tesla price target by $50 to Elon Musk’s favorite number, $420. That’s despite guessing that Teslas sales will grow just 15% next year, or potentially half the 20% to 30% sales growth the company forecast in its third-quarter earnings.

The EV company’s sales declined last year. The investment bank is bullish on Tesla thanks to favorable political shifts, improvements in full self-driving, and the company’s “unique ability to leverage end-to-end AI for lucrative commercial applications in robotaxi and robotics.”

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US plane maker Boeing delivered 44 jets in November, marking a 17% dip from October but a drastic recovery from its 13 deliveries in the same month last year amid its machinists’ strike.

Boeing, which closed its $4.7 billion acquisition of key supplier Spirit AeroSystems on Monday, has delivered 537 jets year to date in 2025, significantly ahead of the 348 it delivered last year. Earlier this month, the company said its recovery was “in full force” and it expects positive free cash flow in 2026.

European rival Airbus expanded its annual delivery lead in the month, handing 72 jets over to customers. The manufacturer has made 657 deliveries on the year so far, but recently cut its annual delivery target to 790 from 820 due to quality issues.

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