Investor's Corner
Tesla Gigafactory 3 passes major inspection amid V10’s introduction in China
Recent reports from local Chinese media have revealed that Tesla’s Gigafactory 3 complex has achieved yet another milestone. After a series of inspections on Gigafactory 3’s Phase 1 construction zone, officials have granted a ” comprehensive acceptance” of the site, paving the way for the start of Model 3 production operations in the near future.
Officials from the Lingang District Construction Project Management Service Center’s organized planning, construction, fire protection, lightning protection, archives, and other professional inspection departments conducted a meeting about their respective evaluations of the Gigafactory 3 Phase 1 site on September 12. Zhu Xiaolu, Vice President of Tesla Global and President of Greater China, was in attendance during the meeting.
As noted by local news agency Beijing News Finance, each of Gigafactory 3’s professional lines was extensively evaluated by the officials, together with the materials used by Tesla’s construction partner for the site. Each of Gigafactory 3’s lines in the Phase 1 zone was able to gain approval from the inspectors.
The newly granted comprehensive acceptance for Gigafactory 3’s Phase 1 construction stands as yet another indication that initial operations in the massive Shanghai-based site are about to begin. With inspections for the Phase 1 area completed, Tesla could start trial production runs of the Model 3 as soon as facilities such as the southwest substation are ready for activation.
Amidst the newly granted comprehensive acceptance of Gigafactory 3’s Phase 1 buildout, Tesla has also started rolling out its V10 Update to members of China’s Early Access Program. Social media posts from the local Tesla community indicate that V10 is full of fun, new features that include curated local applications geared towards the Chinese market, including popular video streaming platforms IQiyi and Tencent Video.
Tesla’s announcement of its V10 release in China was a bit more formal than its low-key release to members of the Early Access Program in the United States. Promotional images for V10, for example, featured a dedicated teaser for the new Tesla Theater function and its support for local streaming services. Based on social media reports from the local Tesla community, the V10 Update appears to be well appreciated. Images of V10’s updated visuals, for one, were described as a pleasant gift from the electric car maker just as the country is celebrating its Mid-Autumn Festival.
The success of Tesla’s push into the lucrative Chinese EV market will likely be determined by the company’s capability to effectively roll out the made-in-China Model 3 and Model Y from Gigafactory 3. The Shanghai-based site is designed to exclusively produce affordable versions of the Model 3 and the Model Y for the Chinese market. Thus, the facility is optimized for volume electric vehicle production, with an output that is appropriate for the country’s large auto market.
Tesla has implemented a number of optimizations to accomplish these goals. Unlike its electric car production process in the United States, which involves vehicle assembly being performed at the Fremont factory and battery and drive unit production being conducted in Gigafactory 1 at Nevada, the Shanghai Gigafactory 3 will produce batteries and drive units, and perform vehicle assembly in one site. This is expected to significantly improve Tesla’s manufacturing process, allowing the company to avoid most of the challenges it faced in its initial Model 3 ramp in the United States.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Investor's Corner
Tesla wins $508 price target from Stifel as Robotaxi rollout gains speed
The firm cited meaningful progress in Tesla’s robotaxi roadmap, ongoing Full Self-Driving enhancements, and the company’s long-term growth initiatives.
Tesla received another round of bullish analyst updates this week, led by Stifel, raising its price target to $508 from $483 while reaffirming a “Buy” rating. The firm cited meaningful progress in Tesla’s robotaxi roadmap, ongoing Full Self-Driving enhancements, and the company’s long-term growth initiatives.
Robotaxi rollout, FSD updates, and new affordable cars
Stifel expects Tesla’s robotaxi fleet to expand into 8–10 major metropolitan areas by the end of 2025, including Austin, where early deployments without safety drivers are targeted before year-end. Additional markets under evaluation include Nevada, Florida, and Arizona, as noted in an Investing.com report. The firm also highlighted strong early performance for FSD Version 14, with upcoming releases adding new “reasoning capabilities” designed to improve complex decision-making using full 360-degree vision.
Tesla has also taken steps to offset the loss of U.S. EV tax credits by launching the Model Y Standard and Model 3 Standard at $39,990 and $36,990, Stifel noted. Both vehicles deliver more than 300 miles of range and are positioned to sustain demand despite shifting incentives. Stifel raised its EBITDA forecasts to $14.9 billion for 2025 and $19.5 billion for 2026, assigning partial valuation weightings to Tesla’s FSD, robotaxi, and Optimus initiatives.
TD Cowen also places an optimistic price target
TD Cowen reiterated its Buy rating with a $509 price target after a research tour of Giga Texas, citing production scale and operational execution as key strengths. The firm posted its optimistic price target following a recent Mobility Bus tour in Austin. The tour included a visit to Giga Texas, which offered fresh insights into the company’s operations and prospects.
Additional analyst movements include Truist Securities maintaining its Hold rating following shareholder approval of Elon Musk’s compensation plan, viewing the vote as reducing leadership uncertainty.
@teslarati Tesla Full Self-Driving yields for pedestrians while human drivers do not…the future is here! #tesla #teslafsd #fullselfdriving ♬ 2 Little 2 Late – Levi & Mario
Investor's Corner
Tesla receives major institutional boost with Nomura’s rising stake
The move makes Tesla Nomura’s 10th-largest holding at about 1% of its entire portfolio.
Tesla (NASDAQ:TSLA) has gained fresh institutional support, with Nomura Asset Management expanding its position in the automaker.
Nomura boosted its Tesla holdings by 4.2%, adding 47,674 shares and bringing its total position to more than 1.17 million shares valued at roughly $373.6 million. The move makes Tesla Nomura’s 10th-largest holding at about 1% of its entire portfolio.
Institutional investors and TSLA
Nomura’s filing was released alongside several other fund updates. Brighton Jones LLC boosted its holdings by 11.8%, as noted in a MarketBeat report, and Revolve Wealth Partners lifted its TSLA position by 21.2%. Bison Wealth increased its Tesla stake by 52.2%, AMG National Trust Bank increased its position in shares of Tesla by 11.8%, and FAS Wealth Partners increased its TSLA holdings by 22.1%. About 66% of all outstanding Tesla shares are now owned by institutional investors.
The buying comes shortly after Tesla reported better-than-expected quarterly earnings, posting $0.50 per share compared with the $0.48 consensus. Revenue reached $28.10 billion, topping Wall Street’s $24.98 billion estimate. Despite the earnings beat, Tesla continues to trade at a steep premium relative to peers, with a market cap hovering around $1.34 trillion and a price-to-earnings ratio near 270.
Recent insider sales
Some Tesla insiders have sold stock as of late. CFO Vaibhav Taneja sold 2,606 shares in early September for just over $918,000, reducing his personal stake by about 21%. Director James R. Murdoch executed a far larger sale, offloading 120,000 shares for roughly $42 million and trimming his holdings by nearly 15%. Over the past three months, Tesla insiders have collectively sold 202,606 shares valued at approximately $75.6 million, as per SEC disclosures.
Tesla is currently entering its next phase of growth, and if it is successful, it could very well become the world’s most valuable company as a result. The company has several high-profile projects expected to be rolled out in the coming years, including Optimus, the humanoid robot, and the Cybercab, an autonomous two-seater with the potential to change the face of roads across the globe.
@teslarati Tesla Full Self-Driving yields for pedestrians while human drivers do not…the future is here! #tesla #teslafsd #fullselfdriving ♬ 2 Little 2 Late – Levi & Mario
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Tesla analyst maintains $500 PT, says FSD drives better than humans now
