$Tesla(TSLA.US) - CANTOR FITZGERALD REAFFIRMS OVERWEIGHT ON TESLA, SEES STRONG LONG-TERM POTENTIAL
Cantor Fitzgerald reiterated its Overweight rating and $355 price target on Tesla. Analyst Andres Sheppard highlighted Elon Musk's plan to launch autonomous robotaxis in Austin by the end of June, with broader rollout and the “cybercab” (no steering wheel/pedals) expected by 2026. Tesla’s supervised FSD has surpassed 3.5 billion miles, and despite not using LiDAR, the firm sees strong ride-share potential.A lower-cost vehicle (~$30K with tax credits) is expected in 1H25, which may offset tariff and tax credit challenges. While near-term headwinds persist, Cantor remains bullish due to key catalysts: FSD expansion in China and Europe, Robotaxi, Optimus Bot (2026–27), and the Semi Truck (2026). Long-term, Tesla is seen as a major player in autonomous driving, energy, and robotics.The copyright of this article belongs to the original author/organization.
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