Tesla News Up Target Summarizes

1. Bank of America raises Tesla price target to $400
   After a recent visit to Giga Texas, Bank of America analyst John Murphy upgraded the price target of TSLA to $400, calling Tesla’s FSD V13.2 “surprisingly good.”
2. Tesla Battery Designed to Drive Over 200,000 Miles
   Tesla says its batteries are designed for more than 200,000 miles of driving.
3. Elon Musk And Ramaswamy Meet On Capitol Hill
   Elon Musk and Vivek Ramaswamy will meet with lawmakers on Capitol Hill.
4. Jim Cramer Forecasts Tesla Stock To $500
   Jim Cramer predicted Tesla’s stock would “likely rise to $500 without any obstacles.”
5. France launches Tesla megapac-based battery project
   TagEnergy will break ground on France’s largest battery energy storage system project (240MW/480MWh) as a Tesla megapack system.
6. Tesla Cybercap Drastically Declines Parts Count
   Tesla Cybercap said it will reduce the number of parts by about 50% over the Model 3 and body components by 60% over the Model Y.
7. Memphis Expands World’s Largest GPU-Based Supercomputer
   Elon Musk’s xAI plans to expand Memphis’ Colossus supercomputer to more than 1 million GPUs, making it the world’s largest.
8. Tesla’s Bitcoin Value Rises To $1.2 Billion
   The value of Bitcoin held by Tesla is estimated at $1.2 billion, up about 200% from earlier this year.
9. Starlink overwhelms NBN services in Australia
   According to the ACCC report, Starlink demonstrated overwhelming performance, delivering significantly faster data speeds and lower latency compared to Australia’s NBN Sky Muster.
10. Airbus cuts 2,000 employees due to Starlink race
    Airbus announced it was cutting 2,000 employees in its defense and space sectors due to competition with Starlink.
11. Waymo Launches Miami Services In 2026
    Waymo said it plans to launch autonomous vehicle services in Miami in 2026.
12. Australia to record 100,000 EV sales
    Australia sold 100,000 electric vehicles in 2024, exceeding 2023 sales (98,400).