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Tesla’s Autonomous Tech Advances Drive Analyst Optimism

Tesla’s Autonomous Tech Advances Drive Analyst Optimism

Author:

Global Cryptocurrency

Published:

2025-11-17 14:22:03

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BTCCSquare news:

Stifel analyst Stephen Gengaro raised Tesla's price target to $508, citing progress in robotaxis, full self-driving (FSD) technology, and robotics. Testing is underway in Austin and the Bay Area, with plans to expand to 8–10 major cities by late 2025. FSD Version 14 shows notable improvements, with upcoming updates expected to enhance decision-making capabilities.

Gengaro, ranked among the top analysts on TipRanks, highlights Tesla's steady software advancements as a key driver for broader autonomous adoption. The company aims to operate driverless robotaxis in select regions by 2026, signaling long-term growth potential in automation and AI-driven mobility solutions.

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