How Musk's Political Drama With Trump Steers These 3 Tesla ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 16 2025
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Source: Benzinga
Tesla's Stock Volatility: Tesla shares have experienced significant fluctuations due to a public dispute between CEO Elon Musk and President Donald Trump, raising concerns about potential impacts on government subsidies and zero-emission vehicle credits that are crucial for the company's revenue.
Future Prospects and AI Focus: Despite recent turmoil, analysts believe Tesla's upcoming robotaxi service and advancements in AI could drive substantial growth, potentially leading to a $2 trillion market valuation by 2026, as the company continues to invest heavily in AI technologies.
Analyst Views on XLY
Wall Street analysts forecast XLY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XLY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 121.400
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Current: 121.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
