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).

According to Sawyer Merritt, Tesla expects its Texas lithium refinery to begin production this quarter, with a new LFP battery production facility in Nevada starting operations in Q1 2026 (source: Sawyer Merritt on Twitter). These developments are set to strengthen the AI-driven battery supply chain and support large-scale electric vehicle and energy storage growth. The increased domestic lithium processing and LFP cell manufacturing will enable Tesla and AI-powered manufacturing systems to optimize battery quality, cost, and availability, creating new opportunities for AI analytics, process automation, and supply chain management within the EV and energy sectors.