Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks to Watch on Wall Street. On November 20, Piper Sandler reiterated her Overweight rating on the stock with a $500 price target. The rating affirmation comes after an investor meeting at the company’s facility in Fremont, California.
Analysts now see autonomy as a key factor for Tesla, noting that they were impressed with the FSD v14 after a flawless robo-taxi test.
“This week, we hosted an investor meeting at the Tesla facility in Fremont, CA. We ‘test-driven’ the latest version of Tesla’s Full Self-Driving (FSD) software, while also participating in over 75 minutes of Q&A.”
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The company tested the latest version of Tesla’s FSD software and noted that it is a “really impressive product.” He thinks investors should try the FSD v14, noting that it drives better than the average American. The statement was made after a flawless robot taxi ride to the hotel.
“A flawless robotaxi ride to the hotel reinforced our conviction in this statement. Other topics included Tesla’s internal chip efforts, the Optimus robot, stationary storage batteries, and comments on: capital expenditures, margins, etc.”
The company participated in more than 75 minutes of question-and-answer sessions, with much of the discussion focused on FSD and Tesla’s robotaxi development efforts.
Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its robotics and autonomous driving technology initiatives.
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