247Wallst·2026-03-04 16:11Core Viewpoint - Bank of America is making significant investments in the future of transportation by reinstating Tesla with a Buy rating and a $460 price target, while also initiating coverage of General Motors with a Buy rating and a $105 price target [1] Group 1: Tesla - Bank of America reinstated Tesla with a Buy rating, indicating confidence in its market position [1] - The price target for Tesla is set at $460, reflecting expectations of strong performance in consumer autonomy [1] - Tesla is identified as the current leader in consumer autonomy, suggesting a competitive advantage in the electric vehicle market [1] Group 2: General Motors - Analyst Alexander Perry initiated coverage of General Motors with a Buy rating, signaling optimism about the company's future [1] - The price target for General Motors is set at $105, indicating potential for growth in profitability [1] - The analysis suggests that GM's dominance in trucks and SUVs will become more profitable as pressure from electric vehicle competition eases [1]