Tesla Q4: Cortex Supports Its Autonomous Driving Technology
Portfolio Pulse from
Tesla's Q4 report highlights the company's focus on autonomous driving technology, energy storage, and robotics as key growth drivers. Despite a decline in its automotive business, Tesla's energy storage segment grew significantly and is expected to continue growing. A strong buy rating is reiterated with a target price of $460.
January 30, 2025 | 3:45 pm
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Tesla's focus on autonomous driving, energy storage, and robotics is expected to drive future growth. The energy storage business grew by 67.1% in FY24 and is projected to grow by 50% annually. A strong buy rating is reiterated with a target price of $460.
Tesla's energy storage business has shown significant growth and is expected to continue expanding due to high market demand. The focus on autonomous driving technology and robotics further supports the company's growth prospects. The reiterated strong buy rating and target price of $460 indicate positive investor sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100