Tesla cybertruck elon musk
Tesla CEO Elon Musk introduced Cybertruck in November 2019.
  • Tesla shares are likely to rise by nearly 30% to $260 in the next six to 12 months, says Zacks. 
  • The stock fell below $200 after the EV maker's investors' day. 
  • Tesla's Cybertruck is set to arrive this year and could provide upside support. 

Investors pushed Tesla shares lower following the EV maker's investors' day, but the stock could rise 30% in as early as six months, according to Zacks Investment Research. 

The firm's price target is $260 over the next six to 12 months. That price would represent a 28% increase from Wednesday's close of $202.77.