Tesla’s stock rose 2.68% due to Morgan Stanley raising its price target to $430 and significant improvements in its Full Self-Driving (FSD) technology. FSD version 13.2 shows a 750% efficacy increase. Positive Model Y reviews and strong Cybertruck sales further boosted investor confidence.
Tesla’s stock price jumped over 2% in after-hours trading due to Morgan Stanley raising its price target to $430 and significant improvements in Tesla’s Full Self-Driving (FSD) technology. FSD version 13.2 showed a 750% efficacy increase. Despite recent controversies, Tesla maintains strong Wall Street support.
Tesla is temporarily suspending Autopilot and Full Self-Driving “strikeouts” for California drivers to ease wildfire evacuations. This measure, alongside SpaceX’s free Starlink service and T-Mobile’s satellite texting, demonstrates the tech industry’s response to the ongoing crisis. The wildfires have caused significant damage and casualties across Los Angeles.
Tech YouTuber Marques Brownlee tested assisted driving systems from Tesla, Ford, GM, Mercedes-Benz, and BMW. Tesla’s Full Self-Driving (FSD) received the highest rating, though it’s not perfect and is under investigation by NHTSA following several crashes. Other systems were rated lower, primarily functioning on highways.
