Check out our comprehensive trader’s guide to Tesla for additional factors which could influence Tesla’s stock price and more. In November 2024, Tesla had a market capitalisation worth $1.087 trillion1, over 2,200% larger than that of Ford Motor, which was $43.307 billion2. Tesla is a pioneer in the EV industry, but the sector has grown more competitive since it was founded.
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Analyst price targets for Tesla, compiled by Yahoo Finance, currently range between $120 and $550, with an average of $340.25. As the world shifts toward sustainable transportation, Tesla’s global expansion could remain as a long-term growth driver. Read our comprehensive guides to trading strategies for lots of examples and ideas.
Reduced European subsidies and a shift toward lower-priced hybrid vehicles hurt sales, with October registrations in Europe dropping 24%. Volkswagen’s Skoda Enyaq SUV overtook the Tesla Model Y as the best-selling EV in the region, according to data from research firm Jato Dynamics. However, competition remains fierce, with Chinese EV leader BYD reporting a 12.1% increase in battery-electric vehicle sales, delivering 1.76 million units during the same period. Wednesday’s announcement revealed few changes from December’s outlook, with nine Fed officials looking for two interest rate cuts this year while eight see there likely being only one cut or fewer.
Regarding Tesla’s self-driving ambitions, Sheppard believes they can quickly take market share once they launch a network of Cybercabs, which is expected to begin in June in Austin. In 2013 when the high-risk Scottish Mortgage investment trust began to buy Tesla stock, the price was $11. The prices of these titans were rocked in the rout earlier this month. But the other members of the gang have revived. Nvidia, the name behind the microchips that power generative AI (artificial intelligence) has now risen by 169 per cent since the beginning of January. Chinese manufacturers, such as BYD and Geely, are challenging Tesla’s dominance – especially in China, the world’s largest EV (electric vehicle) market.
Lastly, we have the Optimus Robot, an ambitious science project and a departure from vehicles and energy generation. It is unclear when this product will come out as it still has many technical developments, but Musk believes it could make Tesla worth $25 trillion someday. The exciting part about Tesla’s business — and why the stock is up 75% in the past year — is its promised product pipeline. This includes all the hottest trends of the day. It is currently working on the Cybercab, which is a purpose-built self-driving taxi set to go into production in 2026.
Broader implications and market reaction
But if you don’t already own it, I think there are better prospects out there—particularly in less famous stocks. Another report from Cars.com found that while searches for non-Tesla EVs were up 12% year-over-year last month, searches for Teslas have fallen 7%. All those headaches would amount to a dire problem for Tesla even if it had a normal CEO. But Tesla is run by the MAGA-pilled Musk, whose personal brand has gone from “OK, he’s a bit weird” a few years ago to “OK, he’s posting racist and antisemitic conspiracy theories” in 2025. In China, in particular, Tesla is struggling to compete against domestic carmakers. Last month Tesla shipments in the country fell 49% year-over-year.
This is likely why Tesla stock is still below highs set in November 2021. Besides, Tesla’s stock has had a considerable run since Trump won the election, as investors expect favorable treatment for Tesla due to Musk’s close association with the incoming president. Such speculation, however, is risky since it’s too complex to predict how such relationships will affect Tesla. While a single quarter of financial performance does not indicate future results, it suggests that Tesla has been making good strides in moving toward its long-term mission.
What are the Tesla stock risks and rewards?
Selling below this level may see the shares revisit $205, a location where Tesla bulls could look for entry points near a horizontal line linking the late January pre-gap low with the February peak and August trough. After climbing to their current 2024 high in early July, Tesla shares retraced as much as 33% before finding support from a prior multi-month downtrend line and the neckline of an inverse head and shoulders pattern. Tesla shares gained 4.9% on Monday to close at $250.00. One reason for this confidence is Tesla’s energy storage business which is seen as a juggernaut in the provision of the batteries essential for clean energy. Musk says autonomous ‘robotaxis’ – their debut is promised for October 10 – could turn Tesla into a $5 trillion company, although views differ on this pledge.
TipRanks gave Tesla a ‘hold’ on 22 November 2024 based on 34 stock market analysts’ ratings of whom 11 recommended ‘buy’, nine said ‘sell’ and the remaining 14 said to ‘hold’. On average, the analysts anticipate Tesla to trade for $232.64 in 2025, based on forecasts ranging from $24.86 up to $400. Morningstar expects the market price to align with this estimate within three years if their assumptions hold true. Tesla is an electric vehicle manufacturer, widely credited for its 2008 Roadster, which paved the way for the modern EV industry. Its founder and CEO – Elon Musk – is also known for launching SpaceX, acquiring Twitter (now called ‘X’) and being an advisor to Donald Trump.
- The electric vehicle giant rode a postelection rally to hit an all-time high in mid-December.
- Using its manufacturing scale to produce cars at a lower cost than competitors is a key part of Tesla’s long-term competitive advantage.
- As mentioned, the stock has gained more than 70% since early November.
- Tesla stock prediction for February 2026.The forecast for beginning 362 dollars.
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However, meeting Elon Musk’s ambitious target of 20% to 30% sales growth in 2025 will require overcoming significant challenges, including market saturation, intensifying competition, and broader macroeconomic headwinds. Despite these hurdles, Tesla’s stock surged nearly 60% in 2024, fueled by optimism about the company’s long-term growth potential. While Tesla is still the best-selling electric vehicle brand in the US, competition is heating up, and Musk’s right-wing authoritarian turn appears to be doing real damage. The company reported its first-ever drop in global sales last year, and this year isn’t looking much better. Wall Street analysts from RBC, UBS, Goldman Sachs, Mizuho and JPMorgan have all lowered their delivery forecasts for the company.
Tesla stock price forecast for January 2029.The forecast for beginning 506 dollars. At the end 582 dollars, change for January 15.0%. Tesla stock price forecast for July 2028.The forecast for beginning 520 dollars. Tesla stock price forecast for May 2028.The forecast for beginning 570 dollars.
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That consensus makes the current valuation of 180 times adjusted earnings look absurdly expensive. Personally, I think investors should wait for shares to lose their momentum before buying a position. As mentioned, the stock has gained more than 70% since early November. I would be shocked if the stock doesn’t pull back at some point. Dan Ives, senior research analyst at Wedbush, says Tesla’s FSD software is analogous to Apple’s services business in that it lets the company monetize its hardware long after the original sale.
Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the forex expert advisor same, or any, regulatory protection as in the UK. The value of stocks, shares and any dividend income may fall as well as rise and is not guaranteed, so you may get back less than you invested. You should not invest any money you cannot afford to lose, and you should not rely on any dividend income to meet your living expenses.
Tesla stock price forecast for May 2025.The forecast for beginning 240 dollars. Tesla stock price forecast for March 2025.The forecast for beginning 293 dollars. At the end 238 dollars, change for March -18.8%. Becoming a Teslanaire from electric vehicles, however, isn’t straightforward. That’s because gmarkets cheap EV Moonshots today either have 1) unproven potential or are 2) provenly bad (which is why they’re cheap). For all the hype about electric vehicles, 98% of new cars are still traditional gas-guzzling cars.
Elon Musk Has Made Tesla the New Bud Light
While some analysts advise buying due to Tesla’s growth potential, others recommend caution due to valuation concerns. Assess your trading strategy and possibly consult a financial advisor before deciding to buy, hold or sell Tesla stock. Tesla has been a pioneer in the EV industry and continues to innovate. fxpcm Its strong market position and growth prospects might make it seem like an attractive option to long-term traders. However, the stock’s high valuation and market volatility present risks.
- And what happens when Musk is too busy trying to fire federal workers to fix it?
- Becoming a Teslanaire from electric vehicles, however, isn’t straightforward.
- Position trading aims to profit from significant price changes over time, potentially making it suitable for traders who are aligned with Tesla’s macro trends and potential long-term value shifts.
As of November 2024, Tesla’s market capitalisation is approximately $1.087 trillion. This valuation reflects market expectations about the company’s potential growth and profitability. Market capitalisation fluctuates with stock price changes, so it’s essential to check the latest figures for up-to-date information. While Tesla reported record vehicle deliveries and revenue growth, its stock price declined in 2022, ending the year 65% down. Elon Musk is an avid supporter of Donald Trump, and he was appointed as head of the DOGE (or ‘Department of Government Efficiency’).
That implies 114% upside from its current market value of $1.4 trillion. In that situation, it’s hard to see that the firm’s earnings and cash flows give investors much to fall back on. And that makes it too risky, from my perspective. The stock climbing only on the basis of the news – rather than earnings – has caused its price-to-sales (P/S) multiple to roughly double since November.
