<ul><li>Baird analyst Ben Kallo has given a bullish outlook on Tesla shares, citing several potential catalysts and a boosted price target of $480.</li><li>Kallo mentions factors such as the introduction of new vehicles, removal of the EV tax credit, decreasing production costs, expansion into new markets, growth in the energy division, and Full Self-Driving approval in new markets.</li><li>However, potential weaknesses listed include the company's valuation, sales volatility with new vehicle introductions, Robotaxi delays and accidents, and the potential negative impact of the removal of the EV tax credit.</li><li>Tesla shares are currently trading at around $474.30, down just over 1 percent.</li></ul>

Tesla gets new synopsis and price target that investors will love to hear

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