$TSLA: BAIRD DOWNGRADES TESLA TO NEUTRAL FROM OUTPERFORM - PT $320 The analyst says: "TSLA's 24% rise despite a weak quarter (vs. S&P 500’s 13%) is partly due to excitement over the upcoming affordable car and robotaxi launch in June. We think Musk is overly optimistic about the robotaxi rollout, and much of the hype is already priced in. His ties to Trump also add uncertainty. TSLA remains a strong long-term pick, but we're staying on the sidelines for now."