Well-Known Investment Bank Remains Bullish on Tesla, Inc. (TSLA)

Larry Ramer

Tue, May 20, 2025, 7:54 AM 1 min read

Investment bank Cantor Fitzgerald kept a Buy rating on TSLA stock today, citing what it sees as the company's multiple, significant, positive catalysts.

Cantor maintained a $425 price target on the name.

Tesla, Inc. (TSLA)'s Upbeat Drivers

Tesla, Inc. (TSLA) is slated to launch its robotaxis next month, and it also plans to release a more affordable EV in June, Cantor noted.

Further, CEO Elon Musk has said that he will soon spend more time managing the automaker, and the company should benefit from the launch of its automated driving system in China earlier this year, according to the investment bank.

Finally, the company is slated to start delivering its humanoid robot in 2027, and it's supposed to launch its Tesla Semi Truck in 2026. The latter EV will leave the company poised to enter the self-driving truck market, according to Cantor.

The Recent Price Action of Tesla, Inc. (TSLA)

In the last month, the stock has surged 49%, while it has fallen 5% in the last three months.

While we acknowledge the potential of TSLA, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TSLA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey