US Stock Market Move | Tesla, Inc. (TSLA.US) rose more than 2%, with 150 new Cybercab registrations added in a single day.

On Friday, Tesla, Inc. (TSLA.US) rose more than 2% to $384.48. On the news front, Texas Department of Motor Vehicles (DMV) records show that Tesla, Inc. added 150 new Cybercab (robotaxi) registrations in a single day on October 8, bringing the total from 169 to 319, the largest single-day increase since the model entered the registration system on August 31; combined with 420 converted Model Y vehicles, Tesla, Inc.'s autonomous driving fleet in Texas has expanded to approximately 739 vehicles. Against the backdrop of pressure on its core automotive business, the marginal impact of Robotaxi expansion data on the stock price has been significantly amplified. Tigress Financial reiterated its "Buy" rating with a target price of $550, implying approximately 47% upside from the current stock price. The firm listed the Cybercab robotaxi as one of its five major growth drivers, believing that together with FSD subscriptions, OptimusSiasun Robot&Automation, the energy business, and SpaceX synergies, it forms a "physical AI growth flywheel" that supports Tesla, Inc.'s "accelerated growth and long-term shareholder value creation." Wedbush analyst Daniel Ives took a more aggressive stance with a target price of $600, the highest on Wall Street. He believes the value of the autonomous driving and AI businesses is "at least" $1 trillion, and Tesla, Inc.'s market capitalization could reach $2 trillion or even $3 trillion within one to two years.