Tesla’s stock price surged on Friday, reaching its highest close in nearly three years. Bank of America Securities (BofA) attributes this growth to the progress made by Full Self-Driving (FSD) technology and the company’s upcoming robotaxi launch. BofA has expressed confidence that Tesla’s autonomous driving system, Optimus, is “real” and capable of supporting a 2025 rollout. This optimism has sent shares soaring, leaving investors wondering if this momentum can sustain itself in the long term.
Source: https://www.marketwatch.com/story/teslas-stock-climbs-to-highest-price-in-years-heres-why-it-can-keep-going-add50837