@jigglyppoppii:$Tesla Motors(TSLA)$ Big news for Tesla bulls. Alexander Potter at Piper Sandler just doubled down with an Overweight rating and a $500 price target. Why it matters: Potter believes Tesla has basically cracked Level 4 autonomy in real-world conditions, and the market is seriously underestimating it. Here's what's getting him excited: - FSD users get insurance perks, "Cybercabs" with no steering wheels are coming, and Tesla is building the infrastructure for robotaxis. - FSD subscription numbers are finally public, making autonomy clearly a growth engine now. - Robotaxi plans are quietly expanding to multiple cities, laying the foundation for a huge autonomous network. If you've been skeptical, it might be time
My base case: Above $135. Rough probabilities: Above $135: 60% Below $135: 40% The bull case is that: Starlink keeps compounding revenue growth. Investors continue assigning premium multiples to AI, space, and infrastructure assets. Index inclusion creates sustained institutional ownership. The bear case is that: The IPO enthusiasm fades. Lockup expirations increase supply. The market decides the valuation got too far ahead of fundamentals. My prediction: SPCX opens around $165–180 (+22% to +33%) and finishes its first year around $170–220, assuming the broader market remains supportive. That's bullish, but not nearly as bullish as some of the projections circulating right now.