The Zhitong Finance App learned that on Friday, Tesla (TSLA.US) rose more than 2% to $384.48. According to the news, the Texas Motor Vehicle Administration (DMV) records show that Tesla registered 150 new Cybercab (driverless taxis) in a single day on October 8. The total number rose from 169 to 319, the biggest daily increase since the model entered the registration system on August 31; adding 420 modified Model Ys, Tesla's autonomous vehicle fleet in Texas has expanded to about 739 vehicles.

Against the backdrop of pressure on the core automobile business, the marginal impact of Robotaxi's expansion data on stock prices has increased significantly. Tigress Financial reiterated its “buy” rating, with a target price of $550, which implied an increase of about 47% from the current stock price. The agency listed Cybercab autonomous taxis as one of the top five growth drivers, believing that it collaborates with FSD subscriptions, Optimus robots, the energy business, and SpaceX to form a “physical AI growth flywheel” to support Tesla's “accelerated growth and long-term shareholder value creation.” Wedbush analyst Daniel Ives is more aggressive, with a target price of $600, the highest on Wall Street. He believes that the autonomous driving and AI business is worth “at least” 1 trillion US dollars, and Tesla's market value is expected to reach 2 trillion or even 3 trillion US dollars within a year or two.

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