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Bank of America Boosts Tesla’s Future | Durham News
Bank of America just upgraded Tesla’s outlook, boosting delivery forecasts and highlighting robotaxis as the key growth engine — all while keeping a bullish buy rating and a $460 price target. The bank sees real momentum in Tesla’s self-driving tech, Optimus robots, and energy storage, even as recent quarters underwhelmed. Robotaxis are expanding fast — especially in Texas — but still need safety drivers and face ambitious scaling hurdles. Stronger-than-expected Q2 deliveries, without heavy discounts, signal healthy margins. Yet the price target hinges on long-term bets on robotaxis and AI…
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