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Quick Summary ChatGPT thinks Tesla stock could trade lower over the next 60 days, projecting an average price around $456 by mid-April. Investors looking to trade the stock can build exposure incrementally using commission-free fractional shares on SoFi,
Potter has an overweight rating on Tesla shares and a target price of $500, which implies a gain of about 15% over the next 12 months. But “without new disclosure, we fear investors may refocus on declining near-term estimates,” Potter wrote.
For Tesla (NASDAQ:TSLA) and its investors, the times are changing rapidly. Although Tesla started out as an electric vehicle (EV) manufacturer first and foremost, CEO Elon Musk now seems to be focused on artificial intelligence (AI) and Optimus robots.
Wall Street analysts project strong earnings growth over the next few years.
Wall Street price targets for Tesla stock went up and down after the electric-vehicle maker reported better-than-expected fourth-quarter earnings on Wednesday evening. Mizuho analyst Vijay Rakesh raised his price target $10 to $540.
Last week, Tesla reported for the first time in its history that its full-year revenue had fallen. This was driven by a 10 per cent decline in automotive sales. The shares, though, haven’t responded. In the last year, despite its revenue growth evaporating and its car business declining, the share price has been flat.
Initially, when electric-car maker Tesla ( TSLA 3.45%) released its fourth-quarter results, the stock popped. But shortly after the market opened on Thursday, the stock's return for the day turned negative. This has added to the stock's weakness in recent weeks. As of this writing, the stock is down more than 11% over the past month.
Tesla expects to more than double capital spending in 2026 as it invests heavily in robotics and driverless technology.
16hon MSN
Tesla’s stock falls as bleak new sales figures signal more pain for beleaguered EV business
Tesla saw sharp January declines in new-vehicle registrations in several European markets.