Summary
- Cantor Fitzgerald upgraded Tesla shares
- Tesla under pressure from negative news and potential lower delivery figures
- Tesla considered a safe play with presence in automotive, energy, and AI/Robotics
- Tesla has potential in 2025 with upcoming catalysts such as Robotaxi rollout
- Analyst expects weaknesses such as potential removal of EV tax credit and tariffs offsetting growth
Article
Tesla’s (NASDAQ: TSLA) shares received an upgraded rating from Cantor Fitzgerald, a Wall Street firm that recently visited the company’s data centers and production lines in Austin. Despite facing pressure and negative news regarding sentiment surrounding the company, Cantor Fitzgerald sees Tesla as a safe play due to its strong presence in various industries such as automotive, energy, and AI/Robotics. Analyst Andres Sheppard noted the potential and runway for Tesla in 2025 during the visit to Tesla’s Cortex AI data centers and Gigafactory Texas production lines.
Sheppard’s note highlights the upcoming catalysts for Tesla, including the rollout of the Robotaxi segment in Austin in June, the continued rollout of Full Self-Driving in China, the eventual rollout in Europe, and the introduction of affordable models in the first half of the year. He also mentions other growth opportunities for Tesla, such as Optimus, growth in the energy division, and the long-term potential of the Semi. However, Sheppard points out potential weaknesses for Tesla, including the likely removal of the EV tax credit and the impact of tariffs on the company’s growth.
Despite these potential obstacles, Cantor Fitzgerald upgraded Tesla to Overweight, citing an attractive entry point ahead of upcoming material catalysts. The firm maintained a $425 12-month price target for Tesla, emphasizing the positive outlook for the company. Tesla’s shares saw a significant increase following the upgrade, with the stock up over 5 percent on Wednesday, trading at $236.86. The upgrade reflects confidence in Tesla’s ability to navigate challenges and capitalize on growth opportunities in the automotive, energy, and AI/Robotics industries.
The visit to Tesla’s production facilities in Austin provided Cantor Fitzgerald with insights into the company’s operations and future prospects. The firm’s positive outlook on Tesla’s potential in 2025 is supported by the upcoming product launches and growth opportunities in various industries. Cantor Fitzgerald’s upgrade of Tesla’s shares signals a bullish sentiment on Wall Street, despite the current challenges facing the company. Tesla’s strong presence in key industries and upcoming catalysts have positioned it as a preferred investment choice for investors looking for long-term growth potential.
Investors are closely watching Tesla’s performance in the coming months, particularly with the launch of the Robotaxi segment in Austin and other key markets. The continued rollout of Full Self-Driving technology and the introduction of affordable models are expected to drive growth for Tesla in the near future. With the upgrade from Cantor Fitzgerald, Tesla’s shares are poised for further gains as investors react to the positive outlook for the company. Overall, Cantor Fitzgerald’s assessment of Tesla as a safe play with significant growth potential reinforces the company’s position as a leader in the automotive, energy, and AI/Robotics industries.
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