Tesla Stock Surges on Price Target Hikes and Optimus Robot Expansion

Analysts raise Tesla's price target to $400, citing advancements in robotics, self-driving technology, and a low-cost EV launch.

Bank of America and other analysts raised Tesla's price target to $400, driven by optimism about its robotaxi, robotics, and EV projects.
Tesla plans to deploy over 1,000 Optimus humanoid robots in its factories by the end of 2025, focusing on efficiency and cost reduction.
The company is testing its Full Self-Driving (FSD) software version 13, which aims to significantly improve autonomous driving capabilities by 2025.
Tesla's upcoming low-cost electric vehicle, expected to launch in 2025, could expand its market reach with a price below $30,000.
Elon Musk's influence in the Trump administration is seen as a potential catalyst to accelerate regulatory approval for Tesla's autonomous initiatives.