Piper Sandler Boosts Confidence in Tesla (TSLA) as FSD Nears Unsupervised Capability

Core Viewpoint - Tesla, Inc. is gaining significant attention on Wall Street due to advancements in its Full Self Driving (FSD) technology, with analysts optimistic about its potential for unsupervised driving capabilities [1][4]. Group 1: Analyst Ratings and Price Target - Piper Sandler analyst Alexander Potter has reiterated an "Overweight" rating on Tesla's stock with a price target of $500, reflecting confidence in the company's future performance [1]. Group 2: FSD Technology Improvements - Analysts have noted sharp improvements in Tesla's FSD performance metrics, particularly the "miles to critical disengagement," which showed a greater than 20 times improvement after the release of FSD version 14.1.x in October, increasing from 441 miles to over 9200 miles [2][3][4]. - This improvement marks the largest sequential enhancement observed in four years of data collection, contributing to increased investor interest in Tesla [3][4].