Tesla’s Robotaxi and Humanoid Robotics Drive Deutsche Bank's 'Buy' Rating

Benzinga 2024-09-11

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Deutsche Bank has reaffirmed its Buy rating for Tesla, setting a price target of $295. Analysts highlight Tesla's transformative role in autonomous driving and humanoid robotics, particularly through its robotaxi and Optimus projects. They view the company as a tech platform with potential across multiple industries despite recent challenges in automotive margins. Deutsche Bank also forecasts strong performance in Tesla’s energy storage sector and a return to volume growth by 2025.

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