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Tesla (TSLA) PT Raised to $400 at BofA Securities, 'Optimus is real, and development poised to accelerate'

December 5, 2024 5:11 AM EST

BofA Securities analyst John Murphy raised the price target on Tesla (NASDAQ: TSLA) to $400.00 (from $350.00) while maintaining a Buy rating.

The analyst comments "Optimus is currently used by TSLA to sort 4680 cells with no intervention. TSLA is testing Optimus in... More