Musk said over the weekend that Tesla’s assisted driving capabilities will see “a step change improvement” as the company integrates the upgrades it made for the robotaxi into the general production vehicles.
Wall Street opened the week on a risk-on footing, with the S&P 500 and the Nasdaq 100 extending record highs as strong earnings reinforced confidence in corporate America and investors continued to shrug off trade tensions.
Bank of America increased Dell’s price target to $165, citing strong growth potential from AI demand, and also raised its FY26 revenue and earnings forecasts.
U.S. equities climbed on Thursday, with the S&P 500 briefly testing a record high 6,300 level at midday in New York, bolstered by strong earnings and upbeat retail sales data that reinforced investor risk appetite.
The jams and peanut butter maker recently issued a downbeat forecast for the current fiscal year, blaming headwinds from higher coffee costs and U.S. tariffs.
