Cantor Fitzgerald upgraded Tesla stock from "Neutral" to "Overweight" despite its recent sharp decline, with analyst Andres Sheppard pointing to the company's future projects such as Robotaxi and autonomous vehicles as drivers of growth. Sheppard maintains a $425 price target, suggesting an 81% potential upside from the current stock levels. Despite Tesla's stock being down 52% from its peak in December, Cantor Fitzgerald sees this correction as a favorable opportunity for investors. Sheppard lists several catalysts for long-term stock growth, including the introduction of the Robotaxi segment, Full Self-Driving rollout in various regions, the release of a lower-priced vehicle, high-volume production of Optimus Bot, initial deliveries to customers, and the introduction of the Semi Truck. The analyst's positive outlook on Tesla was solidified after visiting the Gigafactory and AI data centers in Austin, Texas. While acknowledging potential challenges in vehicle sales in the first quarter and concerns over Elon Musk's political stance, Sheppard foresees revenue growth from Tesla's self-driving initiatives and energy storage business. He believes Tesla's self-driving plans, including launching a network of Cybercabs starting in June in Austin, could lead to significant market share gain. Comparing Tesla's autonomous miles driven with Waymo's, Sheppard highlights Tesla's substantial experience in supervised Full Self-Driving.