Tesla Super Bull Boosts Price Target to $500, Sees "Golden Age Of Autonomy"

Daniel Ives of Wedbush Securities raised his 12-month price target on Tesla to a Street-high $500 from $350 on Friday morning, citing the near-term launch of Tesla's autonomous ride-hailing Cybercabs as a major catalyst to spark the "golden age of autonomy."  "We believe the golden age of autonomous is now on the doorstep for Tesla with the Austin launch next month kicking off this key next chapter of growth for Musk & Co. and we are raising our price target from $350 to $500 reflecting this massive stage of valuation…