Tesla (TSLA) Stock Forecast & Price Target

Tesla's financial outlook remains positive, highlighted by a year-over-year increase of 79.1% in vehicle deliveries for October and November, reflecting a strong recovery in demand for battery electric vehicles (BEVs) amidst a competitive market landscape. In 2024, the company achieved significant financial metrics with a revenue of $228 billion and a gross profit of approximately $78.5 billion, indicating robust operational performance despite challenges. Additionally, Tesla's market share has strengthened in the U.S. as the Model Y continues to lead as the best-selling EV, suggesting resilience in its product offerings amidst growing competition from both traditional and new manufacturers.

Tesla's vehicle sales have experienced a significant decline in China, marking two consecutive months of reduced sales, with November witnessing the largest drop in nearly a year. The company's market share has also diminished, dropping from approximately 10.8% in 2024 to just 8.3% in the first ten months of 2025, and hitting an all-time low of 3.1% in October. This deterioration in demand, compounded by the expiration of U.S. federal EV tax credits and increasing competition in the EV market, presents a troubling outlook for Tesla's overall financial performance and growth trajectory.