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Tesla Stock: Margins Slip, But BofA Bets Big on Robotaxi Future

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The Story

News Summary

  • Tesla's Q3 revenue rose 26% YoY but automotive margins fell to 16.9%, disappointing investors.
  • BofA cut 2026 EPS estimates by 17% yet maintained a $460 price target, betting on FSD, Robotaxi, and Optimus as future high-margin growth drivers.
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TSLA price history

365.44 -12.53% over the displayed period

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