BofA on Tesla (TSLA): 'Early stages of monetization of autonomy capabilities'
BofA Securities analyst Alex Perry reiterated a Buy rating and $460.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "We maintain our Buy & $460 PO as we see significant embedded opportunity from robotaxi, and believe TSLA is at the early stages of monetization of its autonomy capabilities. We see autonomous vehicles spurring the next era of mobility and as the most significant change agent in the Auto 2.0 landscape, offering consumers the prospect of saving time, safer travel, and more accessible transportation."
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Shares of Tesla closed at $392.50 yesterday.
