Tesla (TSLA) Target Boosted to $509 by TD Cowen After Strong Deliveries and AI Momentum

Core Insights - Tesla, Inc. is recognized as a prominent AI stock, with TD Cowen reiterating a "Buy" rating and raising the price target from $374 to $509 following strong third-quarter delivery results and advancements in autonomous vehicle and AI development [1][3] Group 1: Financial Performance - TD Cowen updated its financial model based on third-quarter deliveries, leading to higher earnings per share estimates for 2025 and slight upward revisions for future projections [3] Group 2: Strategic Developments - The proposed CEO compensation package has bolstered confidence in Tesla's long-term growth narrative, aligning product goals with investor expectations [2]