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In addition to Morgan Stanley, Deutsche Bank has raised its price target from $370 to $420, highlighting optimism about FSD and the potential for Optimus, Tesla's automation initiative. This is promising news for investors who are keenly focused on Tesla's transformative technologies.
Tesla's FSD Advancements
The latest FSD updates, specifically versions 12.6 and 13.2.3, show advancements in AI capabilities for different vehicle models. Feedback from various executives, including those from Huawei and Xiaomi, praise Tesla for being five to ten years ahead in the electric vehicle space, particularly in autonomous driving.