UBS upgrades Tesla's stock rating to Hold ahead of earnings report
UBS upgraded Tesla's stock rating from Sell to Hold ahead of its earnings report, signaling potential relief for investors. The move comes amid global oil supply chain tensions and rising fuel prices, which are boosting interest in electric vehicles. The situation in the Strait of Hormuz has stabilized, but uncertainty remains.
Topics: Earnings Report Electric Vehicles Fuel Prices Strait of Hormuz Tesla UBS