Tesla Inc. (NASDAQ:TSLA) is ranked among the best sustainability stocks to invest in. Cantor Fitzgerald increased its price target to $510 and referenced Tesla’s plans for Cybercab, Semi, and Megapack 3 volume production in fiscal year 2026, with Optimus production lines expected. Early Optimus V3 prototypes are being manufactured in California. Tesla aims to produce one million cars per year in Fremont by late 2026, with a larger production push in Texas scheduled for 2027. Cantor Fitzgerald projects significant capital expenditures for the upcoming years. Truist Securities reiterated a Hold rating on Tesla with concerns about future growth drivers. Tesla designs, develops, and sells EVs and energy systems globally. Some firms suggest caution around Tesla’s outlook due to unproven AI technologies.
Read more at Yahoo Finance: Cantor Fitzgerald Boosts Tesla (TSLA) Price Target as New Production Plans Accelerate Growth Outlook
