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"Competition is increasing from domestic manufacturers and FSD will help TSLA catch up to, and potentially exceed, other EV offerings on the market."
BofA analyst reiterates Buy rating on Tesla, citing near-term catalysts like China breakthrough, Robotaxi event, new product launch, and FSD licensing. Potential for significant earnings benefit and competitive advantage.
"Competition is increasing from domestic manufacturers and FSD will help TSLA catch up to, and potentially exceed, other EV offerings on the market."