BBank of America TTesla · TSLA
BofA Assumes Tesla at Buy, PT at $460
Rating
Buy
Price target
$460
Previous
—
Implied upside
+17%
BofA Securities analyst Alex Perry assumes coverage on Tesla with a Buy rating and a price target of $460.
“We value Optimus, Tesla’s humanoid segment, at over $30bn (2% of valuation).
Optimus will likely first be used in manufacturing and possibly replace a portion of the ~13mm U.S. manufacturing jobs, with future adoption in households.
Separately, we value the Energy business at $90bn (6% of valuation) & expect Tesla to have leading share with its residential Powerwall batteries and its Megapacks for use by utilities & data centers.”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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