"In a note to clients, Stifel stated that it believes "Tesla is making progress with modest advancements in its Robotaxi network and FSD," as noted in a report from Investing.com. The firm expects unsupervised FSD to become available for personal use in the U.S. by the end of 2025, with a wider ride-hailing rollout potentially covering half of the U.S. population by year-end."
"Stifel also noted that Tesla's Robotaxi fleet could expand from "tiny to gigantic" within a short time frame, possibly making a material financial impact to the company by late 2026. The firm views Tesla's vision-based approach to autonomy as central to this long-term growth, suggesting that continued advancements could unlock new revenue streams across both consumer and mobility sectors."
""We believe Tesla is making progress with modest advancements in its Robotaxi network and FSD. The company has high expectations for its camera-based approach including; 1) Unsupervised FSD to be available for personal use in the United States by year-end 2025, which appears to be a stretch but seems more likely in the medium term; 2) that it will 'probably have ride hailing in probabl"
Stifel increased Tesla's price target from $440 to $483, implying roughly 11.5% upside, and maintained a Buy rating. The firm cited progress in full self-driving (FSD) and the Robotaxi program and expects unsupervised FSD for personal use in the U.S. by the end of 2025, while labeling that timeline a stretch. Stifel envisions a rapid Robotaxi expansion that could materially affect Tesla's finances by late 2026. The firm emphasized Tesla's vision-based autonomy approach as key to long-term growth but acknowledged potential execution challenges for aggressive deployment timelines.
Read at TESLARATI
Unable to calculate read time
Collection
[
|
...
]