Piper Sandler Keeps $500 Tesla Target, Says Optimus Is Free Near $400

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Piper Sandler analyst Alexander Potter reiterated a $500 price target on Tesla and said buyers near today’s $420 share price are effectively getting Optimus for free. Potter said Piper’s 20-year discounted cash flow model values Tesla’s 17 product lines at about $400 per share and excludes the forthcoming humanoid robot.

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