Yahoo Finance published an analysis stating that despite Tesla's (NASDAQ:TSLA) Q2 earnings per share (EPS) missing expectations by 39% and free cash flow turning negative by $1 billion, analysts still gave it a "buy" rating and set a 12-month price target of $389, representing a 7.07% upside from its recent price of $363.56. The analysis suggests that Tesla's biggest catalysts may still be ahead, with its valuation primarily betting on the scaled development of Robotaxi and Full Self-Driving (FSD). Currently, Tesla Robotaxis have cumulatively driven 380,000 miles across six cities with zero accidents.