Piper Sandler analyst Alexander Potter sees more gains ahead for Tesla stock if the robotaxi launch goes smoothly.

ARK Invest CEO Cathie Wood believes Elon Musk’s public feud with President Donald Trump could ultimately benefit Tesla (TSLA), despite the immediate market chaos that wiped $152 billion from the company’s value in a single day.

Tesla ( TSLA 5.66%) stock has tumbled 22% year to date amid a myriad of business and political headwinds, and Wall Street anticipates further declines. The average target price among 55 analysts is $289 per share, which implies 8% downside from the current share price of $316.