Truist Raises Tesla Price Target Amid FSD Volatility

Truist Securities raised its price target for Tesla to $444 from $406 on December 19 while maintaining a 'Hold' rating, citing autonomous driving developments. The firm said Tesla's value hinges on commercializing FSD-enabled products like its robotaxi and warned that FSD imperfections and competitor announcements will likely drive continued stock volatility, with new city rollouts expected around 2026.
Key Points
- 1Raises price target to $444 from $406 and maintains a 'Hold' rating (Dec 19)
- 2Cites autonomous driving and FSD commercialization as determinant of a large portion of Tesla's value
- 3Alerts investors to continued stock volatility tied to FSD imperfections and competitor announcements
Scoring Rationale
Analyst-backed insight on FSD-driven valuation provides industry relevance; limited by being a single-firm price-target update without new technical data.
Sources
Public references used for this report.
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