ETF Volatility | Southern 2x Long Tesla rises over 5%, US investment bank claims Tesla has not fully reflected the value of its robotics business
Southern 2x Long Tesla rose over 5%, as of the time of writing, up 5.43%, reported at HKD 140.85, with a trading volume of HKD 7.8592 million. On the news front, Wall Street's top investment bank Piper Sandler is optimistic about Tesla's stock, believing that the stock has not yet fully reflected the future value of the humanoid robot Optimus business. Analyst Alexander Potter from the firm has constructed a comprehensive framework covering 17 different product lines of Tesla, and he believes that Tesla's current core business, including electric vehicles, energy storage, Full Self-Driving (FSD) software, internal insurance, supercharging network, and independent autonomous taxi business, is valued at approximately USD 400 to 420 per share. Piper Sandler maintains an "Overweight" rating on Tesla's stock with a target price of USD 500
According to the Zhitong Finance APP, Southern 2x Long Tesla (07766) rose over 5%, up 5.43% as of the time of publication, priced at HKD 140.85, with a trading volume of HKD 7.8592 million.
In terms of news, top Wall Street investment bank Piper Sandler is optimistic about Tesla's stock, believing that the stock has not yet fully reflected the future value of the humanoid robot business, Optimus. Analyst Alexander Potter from the firm has constructed a comprehensive framework covering 17 different product lines of Tesla. He estimates that Tesla's current core business, including electric vehicles, energy storage, Full Self-Driving (FSD) software, internal insurance, supercharging network, and independent autonomous taxi services, is valued at approximately USD 400 to 420 per share. Piper Sandler maintains an "Overweight" rating on Tesla's stock with a target price of USD 500
