Bank of America Maintains Buy rating and price target of $460 tsla

Bank of America Maintains Buy rating and price target of $460
Bank of America reaffirmed its Buy rating and $460 price target on Tesla ($TSLA). Alex Perry, an analyst in charge, said Tesla has entered the early stages of monetizing its self-driving capabilities, citing significant potential opportunities stemming from robo-taxi as a key rationale. He predicted that self-driving vehicles will provide consumers with value such as time saving, safe movement, and improved access, and will be the most important change in the “Auto 2.0” era.
Tesla Signs Vehicle Supply Deal For U.S. Government Agencies
Tesla has signed a master purchase agreement with Sourcewell, the largest government purchasing cooperative in the United States. The agreement will allow more than 50,000 public organizations, including cities, school districts, and state agencies, to purchase Tesla vehicles, including Model Y, Model 3, and Cybertruck, at pre-negotiated prices without a separate bidding process. The contract lasts for a basic four-year period (expires in November 2029) and can be extended for up to three more years. Tesla said the deal would allow government agencies to significantly reduce the cost of operating its vehicles.
Tesla Registers Generative AI-Based Voice Secretaries In China
Tesla has officially registered its voice assistant feature, which is based on the Generative AI model, with Chinese authorities. According to local authorities in Shanghai, Tesla has already reported the feature to China’s Internet regulator, the National Internet Information Service (CAC).
Tesla Model Y tops all California vehicle sales in Q1 2026
According to California sales data for the first quarter of 2026, the Tesla Model Y topped the list with 22,907 electric and internal combustion vehicles. The figure is significantly ahead of the second-place Toyota Camry (14,905). The Model 3 also topped the market by a landslide, more than doubling the second-place Mercedes C-Class (2,289) with 5,688 units.
Dutch vehicle authorities drastically expand Tesla FSD presentation time at EU regulatory meeting
The Dutch Vehicle Management Authority (RDW) has extended the presentation time on Tesla FSD (supervised) to be held at the EU Automotive Technology Commission (TCMV) on May 5 from the previous 20 minutes to an hour. TCMV is a key regulatory body that determines vehicle regulations across Europe, and the expansion of presentation time suggests FSD’s discussion of EU regulations is intensifying.
7 Key Questions Investors Watch Ahead Of Tesla Q1 Earnings Release
Key questions submitted by retail investors ahead of Tesla’s Q1 earnings release were revealed. ▲Optimus v3 disclosure schedule and production objectives ▲Unsupervised FSD and Robotaxi expansion milestone ▲Time to transition to FSD for general customer vehicles ▲Whether or not unsupervised FSD support for vehicles with hardware 3 ▲Roadmap after v14.3 ▲Time to end limited operations ▲Why the pace of Robotaxi expansion has changed conservatively compared to previous guidance were cited as key agendas.
Jeff Bezos’ AI Startup ‘Project Prometheus’ Valuates $38 Billion In Enterprise
Project Prometheus, an AI start-up founded by Jeff Bezos, is recognized for its $38 billion enterprise value even though it has no sales yet. It is currently in the process of raising $10 billion in funding and aims to develop AI specialized in real industrial processes such as manufacturing and aerospace engineering, the Financial Times reported.