Brokerage firm Benchmark raised its 12-month price target on Tesla Inc. to $475 from $350 after the electric-vehicle maker began a limited commercial rollout of its robotaxi service in Austin. Analyst Mickey Legg said the safety-first deployment showed the technology is “scalable,” strengthening confidence in broader adoption and supporting a continued Buy rating on the stock. Other Wall Street firms echoed the upbeat view. Bank of America Global Research this week increased its Tesla objective to $341 from $305 while keeping a Neutral stance, saying the Austin launch bolsters confidence in the company’s plan to deliver unsupervised full self-driving by the end of 2025 despite an expectedly soft second quarter. Piper Sandler reiterated its Overweight rating and $400 target, arguing that concerns about shrinking regulatory-credit revenue are overstated, and Cantor Fitzgerald maintained an Overweight call with a $355 target, describing robotaxi economics as a high-margin, software-as-a-service opportunity.