Tigress Financial resumed coverage of Tesla (TSLA) with a Buy rating and $550 price target The firm sees long-term growth and value creation “increasingly” being driven by Tesla’s evolution from a pure-play EV manufacturer into “a multi-layered physical AI platform.” The firm sees “the physical AI growth flywheel” being driven by expanding Full Self Drive subscriptions, robotaxis, and Optimus humanoid robots to stack on top of “an already sizable and profitable EV and energy base,” the analyst tells investors.
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