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Tesla Q4: Cortex Supports Its Autonomous Driving Technology (NASDAQ:TSLA)

1. Analyst maintains a Strong Buy rating for Tesla at $460 target price. 2. Tesla's energy storage business grew 67.1% in FY24, expected 50% annual growth. 3. Key risks include AI training restrictions in China impacting FSD technology. 4. Stock rose over 59% since the last Strong Buy rating in October 2024.

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FAQ

Why Bullish?

Strong Buy rating and growth in energy storage hint at positive momentum. Past performance indicates potential for further stock appreciation.

How important is it?

The strong growth outlook coupled with risks presents a balanced view. Energy sector growth particularly influences TSLA's future valuation.

Why Long Term?

Positive growth drivers suggest lasting benefits for TSLA over time. Similar long-term growth patterns are seen in tech and renewable sectors.

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