Tesla News Up Target Summarizes
- 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.” - Tesla Battery Designed to Drive Over 200,000 Miles
Tesla says its batteries are designed for more than 200,000 miles of driving. - Elon Musk And Ramaswamy Meet On Capitol Hill
Elon Musk and Vivek Ramaswamy will meet with lawmakers on Capitol Hill. - Jim Cramer Forecasts Tesla Stock To $500
Jim Cramer predicted Tesla’s stock would “likely rise to $500 without any obstacles.” - 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. - 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. - 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. - 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. - 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. - 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. - Waymo Launches Miami Services In 2026
Waymo said it plans to launch autonomous vehicle services in Miami in 2026. - Australia to record 100,000 EV sales
Australia sold 100,000 electric vehicles in 2024, exceeding 2023 sales (98,400).