Wall Street's latest bullish support for Tesla, Inc. (TSLA.US) "must-hold stock": autonomous driving and humanoid Siasun Robot & Automation "broad as the starry sky and vast as the sea"

Analyst Rob Wertheimer of Melius Research LLC has become the latest bull on Tesla, Inc. (TSLA.US). This Wall Street analyst, who recently covered Tesla, Inc., believes that the electric car manufacturer has the potential to disrupt the automotive industry and is a "must-own stock." However, finding reasonable support for its trillion-dollar valuation remains a major challenge. The analyst believes that Tesla, Inc. can quickly improve and scale the deployment of autonomous driving cars, with autonomous driving being the first major application scenario of artificial intelligence (AI) in the physical world. He has given Tesla, Inc. a "buy" rating and set a target price of $520. "The moment of change has arrived," Wertheimer wrote in a report to clients on Monday. "The risk of not positioning Tesla, Inc. is equally great, and we can't find many investments comparable to Tesla, Inc." However, due to Tesla, Inc.'s autonomous driving technology not yet achieving full autonomy and the uncertain timeline for technology maturity, the evaluation of its valuation still involves speculation. In addition, the development trajectory of the company's Siasun Robot & Automation business (such as the Optimus humanoid Siasun Robot & Automation) is even more difficult to predict. For a long time, Tesla, Inc.'s valuation has been a focus of debate among investors - everyone is always trying to determine whether Tesla, Inc. is an electric car manufacturer or a potential AI giant. For CEO Elon Musk, he is currently trying to shift the narrative focus away from "electric cars" and towards the field of autonomous driving; he even stated that 80% of Tesla, Inc.'s future revenue will come from Optimus Siasun Robot & Automation. To a large extent, Tesla, Inc. investors support Musk's vision. Driven by the prospects of AI and Musk's market enthusiasm, Tesla, Inc.'s stock price rose by 33% in September. However, with third-quarter vehicle deliveries falling below expectations and the long-anticipated "affordable electric car" ultimately priced higher than expected (failing to truly be "affordable"), the stock price momentum has stalled - a signal that if core car sales are weak, Tesla, Inc. may struggle to support its grand AI dream. Wertheimer stated that the target stock price he set is based on an assumption: Tesla, Inc. will successfully develop a truly fully autonomous driving car, allowing it to capture a significant share of the ride-sharing market and further expand its business. However, the analyst also pointed out that a large part of Tesla, Inc.'s market value comes from "products that do not currently exist." He wrote in the report, "We give a 'buy' rating because we believe that as more and more investors (including retail investors) gradually recognize the revolutionary nature of the Full-Self-Driving experience, market attention to this technology will continue to increase."