BofA's Bold Tesla Bet: Buy Rating Reinstated, Robotaxis in the Fast Lane!
In a confident move, Bank of America has reinstated Tesla with a 'Buy' rating and an optimistic $460 price target. BofA praises Tesla's leadership in autonomous vehicle technology and its promising expansion in robotaxi services. With San Francisco and Austin already onboard, Tesla plans to launch in seven more markets by mid-2026. The bank highlights Tesla's strategic edge with a cost-efficient camera-only system, predicting a significant impact on the future of mobility.
Mar 5