According to Sawyer Merritt, Tesla has launched a new program called 'Tesla Ride' in the U.S. to promote its Full Self-Driving (FSD) technology and AI-powered features. The initiative allows potential customers to experience Tesla vehicles firsthand, with a Tesla Advisor guiding them through advanced features such as comfort settings, in-car games, and the Grok AI companion. This move highlights Tesla's strategy to increase FSD adoption and demonstrate the practical applications of its proprietary AI technologies for consumer engagement and upselling opportunities (Source: Sawyer Merritt on Twitter).

According to Sawyer Merritt, Cantor Fitzgerald has raised its Tesla ($TSLA) price target by 43% to $510, citing strong optimism for medium to long-term growth driven by advancements in AI-powered products such as full self-driving (FSD), Robotaxis/Cybercab, and Optimus Bots. The firm highlights significant future upside in Tesla’s energy storage and deployment, autonomous vehicle platforms, and robotics, underlining the transformative potential of these AI-driven technologies for automotive and energy markets (Source: Sawyer Merritt on X, Oct 23, 2025).