Overview
- Tesla shares rose about 2% to roughly $400 in early Wednesday trading, though the stock remains about 13% lower for the year.
- Bank of America estimates Optimus at over $30 billion and the Energy division at $90 billion, highlighting long-term optionality beyond vehicle sales.
- The bank cites Tesla’s camera-only autonomy approach and expanding real‑world data as competitive advantages for scaling robotaxis more profitably than rivals.
- Tesla began robotaxi service in Austin last June and plans to expand to nine additional cities in the first half of 2026.
- Sentiment stays split with only 44% of analysts rating the stock a Buy, GLJ Research maintaining a Sell, and a federal judge upholding a $243 million Autopilot verdict as legal risk persists.