DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Tesla is the leader in physical AI but valuation is stretched, says BofA By Investing.com
Tesla is the leader in physical AI but valuation is stretched, says BofA By Investing.com

Tesla is the leader in physical AI but valuation is stretched, says BofA By Investing.com

Update: 2025-10-29
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Bank of America raises Tesla's price target to $471, reflecting progress in robotaxi development and Optimus robot expansion. Despite a higher valuation, the bank maintains a Neutral rating due to increased operating expenses for AI and R&D. Tesla's Q3 revenue surged 12% to $28.1B, with record vehicle sales, but automotive profit margins dipped due to higher costs and tariffs. The energy unit shone with over 31% margins. North American car sales may face pressure, but there's optimism for energy projects and robotaxi rollout.

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Tesla is the leader in physical AI but valuation is stretched, says BofA By Investing.com

Tesla is the leader in physical AI but valuation is stretched, says BofA By Investing.com