Cantor Fitzgerald increased its price target for Tesla (TSLA) to $510 per share, up from $355, while maintaining an "Overweight" rating. The firm's analyst, Andres Sheppard, pointed to upcoming production milestones for the Cybercab, Semi, and Optimus robot as key factors for the revised valuation. The new target represents a roughly 17.6% upside from Tesla's previous closing price of $433.72. The analyst also highlighted expanding opportunities in Tesla's Energy division and its Full Self-Driving (FSD) initiatives as drivers for long-term growth. Cantor Fitzgerald's report noted that Tesla's diverse roadmap reinforces its position as a vertically integrated energy and AI company, extending its potential value far beyond traditional vehicle sales. The firm now anticipates Tesla's capital expenditures to be around $9.2 billion for fiscal year 2025 and $12 billion for fiscal year 2026. These increased investment forecasts are linked to the company's efforts to scale its operations in robotics, autonomous driving, and energy storage.