
Tesla (TSLA) Stock Forecast & Price Target
Tesla (TSLA) Analyst Ratings
Bulls say
Tesla's strong growth prospects are supported by projected global deliveries of nearly 1.8 million vehicles in 2024, which could benefit from improved demand conditions and manufacturing efficiencies. The company is experiencing declines in battery pricing and generating non-recurring revenue from full self-driving (FSD) offerings, contributing to enhanced profitability and operational cash flow. Additionally, Tesla's strategic initiatives including the introduction of more affordable vehicle options and the development of a scalable robotaxi service position the company favorably for future market expansion and capital investments.
Bears say
Tesla is experiencing a decline in the prices of its used vehicles, which have dropped approximately 9% over the past year, significantly worse than the overall US auto market's decline of around 3%. The company has lowered its first quarter delivery estimates to 358,000 vehicles, falling below consensus expectations, and anticipates only 11% delivery growth for 2025, down from previous projections of 14%. Furthermore, adjustments to Tesla's financial forecasts have led to a substantial decrease in the valuations of its Full Self-Driving and robotaxi divisions, indicating weaker future revenue potential and increased challenges in meeting growth targets.
This aggregate rating is based on analysts' research of Tesla and is not a guaranteed prediction by Public.com or investment advice.
Tesla (TSLA) Analyst Forecast & Price Prediction
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