Tesla Stock Price Prediction For 2025: What Investors Should Know Now

A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University. The stock https://www.dowjonesrisk.com/ price spiked in July above $290, only to fall to $215 in August. Cathie Wood’s ETFs used the recent deep selloff in shares of Tesla Inc. as an opportunity to load up on one of their favorite investments.

It will be testing its batteries in its flagship electric SUV, the Mullen Five, enabling it to go over 600 miles on just one charge. EV sales shot up almost 120% on a year-over-year basis to 6,261 units, with retail sales up 79.1%. The F-150 Lightning has been the best-selling electric truck since its release this year. Early signs for the F-150 Lightning sales are strong and have exhibited the potential to outsell its traditional model in the not-so-distant future. The average analyst rating for Tesla stock from 36 stock analysts is “Hold”.

Parkev Tatevosian has no position in any of the stocks mentioned. You have access to our expertly curated collection of free investing reports, including 5 Best Stocks to Buy this Month, How to Find Undervalued Stocks, How Options Work, and more. But if you don’t already own it, I think there are better prospects out there—particularly in less famous stocks. Trading on the NASDAQ, Tesla offered 13.3 million shares at a price of $17 per share. Despite those challenges, Tesla still has good growth prospects.

1. You have access to our expertly curated collection of free investing reports, including 5 Best Stocks to Buy this Month, How to Find Undervalued Stocks, How Options Work, and more.
2. Centrus provides an integrated solution for meeting the industry’s engineering, manufacturing and fuel needs.
3. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSLA, but not buy additional shares or sell existing shares.
4. This video will answer that question by deeply diving into Tesla’s third-quarter earnings conference call.
5. If Tesla can execute near-term product and feature launches while maintaining its market share without upending margins, the future will be bright.

Tesla (TSLA) shares motored lower for a third consecutive day on Thursday as investors question how the electric car maker will drive growth in the coming year. According to 36 analysts, the average rating for TSLA stock is “Hold.” The 12-month stock price forecast is $214.27, which is an increase of 31.00% from the latest price. One of Tesla’s related products is the Tesla Powerwall and Tesla Powerpack battery packs. The Powerwall and Powerpack are stationary lithium-ion battery packs for home or industrial use. The power packs can store solar or other green-generated powers for later use or backup power in emergency situations. This segment of the business was merged with Solarcity to form the Energy Generation and Storage segment.

Tesla stock has 68% upside as the ‘best house in a bad block’ of distressed EV makers, analyst says

In 2023, Tesla’s revenue was $96.77 billion, an increase of 18.80% compared to the previous year’s $81.46 billion. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

However, cumulative deliveries have reached 259,563 as of October, with a 174.3% growth in deliveries last month from the prior-year period. The firm continues to produce tens of thousands of vehicles and has a sizeable lead over its competition. Moreover, it is expanding overseas into European markets such as Norway to reduce its sales concentration in China. Tesla has been a clear leader in the space but has operated mainly without competition.

Tesla Stock Snapshot

Tesla, Inc. is the world’s leading manufacturer of electric vehicles. With more than 26% of the market share in 2022, the company’s leadership position is all but assured for the coming decade if not longer. While specifically an EV manufacturer, however, the company is also engaged in many related and unrelated ventures that could produce significant results for shareholders.

In a 2018 televised interview, she said Tesla would hit $4,000 by 2023. Adjusting for splits, Tesla hit that mark two years early in 2021. In July, for example, Tesla stock jumped from unexpected good news about the company’s second quarter. First, Tesla announced consensus-beating vehicle production and delivery numbers.

Among the many technologies worked on by the company are self-driving/autonomous vehicles, AI, and glass along with EV motors and batteries. 2022 has been an eventful year for the firm, delivering more green energy vehicles than Tesla. Moreover, its sales volume from its EV battery unit surpassed LG and is now second only to CATL. It expects to sell 1.78 million vehicles this year, with an over 120% bump in deliveries expected in 2024 to 4 million. Therefore, with an incredible outlook ahead, BYDDF stock is an excellent bet for the long haul. Nevertheless, the EV market is expected to grow at an incredible 24.3% annually, from $287.4 billion last year to a whopping $1.3 trillion in 2028.

India to lower EV import tax if $500 million invested, boosting Tesla plans

Green Thumb Industries (GTBIF) Cannabis has been beaten to a pulp the last two years. As a group, cannabis stocks peaked in late 2018, and after a brief but spirited comeback in late 2020/early 2021 have done nothing but fall for more than two years. All told, marijuana stocks are down more than 90% from their peak value. It’s hard to trust that a cannabis rally is coming since there’s been no evidence of one. So it makes sense to take a flyer on that kind of growth at such depressed levels.

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The consensus among Wall Street research analysts is that investors should “hold” TSLA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSLA, but not buy additional shares or sell existing shares. Tesla’s automobile segment designs, develops, manufactures, leases, and sells electric vehicles in the U.S., Europe, Asia, and internationally. This segment offers a line of luxury Ev s equipped with industry-leading features. The company also generates revenue by selling excess EV credits to the business at large.

Tesla Stock Price Prediction For 2025: What To Know

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 17th 2024. Tesla’s been a great stock to own in the last few years, zooming more than 590% and splitting its stock 15-for-1 since January 2020.

The $85 target comes from Craig Irwin, a Roth Capital analyst. In his view, steeper competition, factory shutdowns and launch delays put Tesla at risk of losing market share. Immediate threats include Ford and Chinese EV maker BYD. Tesla’s stock price was essentially flat for several years after the 2010 IPO. In 2008, the carmaker had endured a near-death experience, and in the lead-up to the IPO and afterwards, it was selling only one car, the original Roadster. The business plan at this point was for CEO Elon Musk and his team to keep the lights on long enough in order to roll out Tesla’s first built-from-scratch car, the Model S sedan.