Tesla’s analyst fair value estimate has shifted from US$395.57 to US$408.36, giving investors a fresh reference point for where some models place the stock. Much of this recalibration links back to the split in analyst views, with bullish perspectives tying higher targets to AI, autonomy and the possible SpaceX merger. More cautious perspectives flag cash burn, heavy capex and execution risk around Robotaxi, Cybercab, Optimus, Semi and Roadster. As you read on, you will see how these moving…