Bank of America Goes Bullish on Tesla: $460 Price Target Spotlights FSD Dominance and Robotaxi Goldmine
As a seasoned tech and automotive blogger with over a decade tracking the electric vehicle revolution, I’ve seen my share of Wall Street flip-flops on Tesla (TSLA). From euphoric highs during the 2021 boom to cautious downgrades amid 2024-2025 EV market jitters, analysts have been all over the map. But Bank of America’s latest move—reinstating coverage with a Buy rating and a whopping $460 price target—feels like a genuine inflection point. This isn’t just hype; it’s backed by Tesla’s exploding Full Self-Driving (FSD) data moat, a camera-only vision system that’s lightyears ahead of lidar-laden rivals, and a robotaxi opportunity that could redefine Tesla’s valuation. Let’s dive deep into the report, the numbers, and why this could be the catalyst for Tesla’s next leg up.