Investor's Corner
Tesla’s global Model 3 assault is coming to life with exhibitions in Europe and Asia
As the Tesla Model 3’s production hits its stride, the company has brought over the vehicles to several key regions, inviting reservation holders to view the electric sedan. Just today alone, reports from the Tesla community indicate that invitations were sent out to reservation holders residing in Germany, France, Sweden, Norway, Italy, and Belgium. In Asia, the Tesla Model 3 is also making its rounds, being exhibited in territories such as Hong Kong, China, and Japan.
At this point, it seems safe to assume that after passing through “production hell” and attaining profitability in the third quarter, Tesla is finally preparing to bring the Model 3 to other countries. With this in mind, Tesla’s Model 3 assault on the global market seems inevitable.
Da domani #Model3 al #Tesla store di Piazza Gae Aulenti a Milano! @Tesla @TeslaOwnersIT @disinformatico @Teslarati pic.twitter.com/PlEKj5ZhK6
— Francesco (@FraPet89) November 13, 2018
While the Model 3 is already proving to be successful in the United States, the vehicle’s distribution actually remains very limited, being available only in the US and Canada. With a global rollout, though, the Model 3’s potential disruption would likely be even more notable.
Now Tesla Model 3 exhibition already started in JAPAN 🇯🇵
It can be seen that Tesla has made final preparations for the delivery of Model 3 to Asia Pacific. Was in Hong Kong last week, now Japan. $TSLA #TeslaJapan #テスラ
(Credit: emolas from https://t.co/WgwubBfi0J) pic.twitter.com/anCFdXeXGi
— vincent (@vincent13031925) November 10, 2018
Elon Musk has been quite conservative about his timelines for the Model 3’s global release. Back in March, Musk stated that the production of vehicles with an RHD configuration would likely begin sometime in the middle of 2019. During the third quarter earnings call, though, Musk noted that Tesla is expecting to produce a notable volume of vehicles for Europe starting January. The CEO further stated that deliveries in the region would likely see a ramp in late February or sometime in March. By the second quarter of 2019, Musk pointed out that Model 3 deliveries would probably start in the Asia-Pacific region.
“We expect to start producing a significant volume for Europe in January. And it obviously takes some time to ship. So deliveries, probably pretty significant deliveries in Europe, kind of in the late February, March time frame because the cars have to get all the way from California to a customer in Europe. It will be kind of borderline as to whether cars are delivered in APAC by the end of Q1. So I can’t say it for certain. Definitely in Europe. But — and then definitely in APAC in Q2,” Musk said.
Nov 5th, the first ever China International Import Expo (中国国际进口博览会)was grandly opened at the Shanghai National Convention and Exhibition Center. Tesla accepts the invitation of the government to exhibit Model S X & 3 at the show. $TSLA #TeslaChina pic.twitter.com/OmKFYPgoxT
— vincent (@vincent13031925) November 5, 2018
Invitations for Model 3 viewings bode well for reservation holders of the electric car. Tesla, after all, started Model 3 exhibits in the United States not long before deliveries of the electric sedan began to hit their stride. That said, Tesla’s global rollout of the vehicle appears to have been teased in the past few months, particularly as Model 3 has been making the rounds in countries such as Australia and New Zealand. Just recently, the Model 3 was showcased as Tesla’s key exhibit in China’s International Import Expo as well.
Tesla might still be a relatively young carmaker, but its reputation as a maker of the world’s premier electric vehicles is already getting more established by the day. While the Model S and the Model X proved that electric vehicles can be viable alternatives to fossil fuel-powered cars, the Model 3 is proving that an EV can stand toe-to-toe with the best-selling, most competitive passenger cars in the industry, and still win. As the Model 3 enters the worldwide car market, the electric sedan’s disruption and potential would definitely be put to the test.
Tesla stock (NASDAQ: TSLA) has landed an elusive “must own” status from Wall Street firm Melius, according to a new note released early this week.
Analyst Rob Wertheimer said Tesla will lead the charge in world-changing tech, given the company’s focus on self-driving, autonomy, and Robotaxi. In a note to investors, Wertheimer said “the world is about to change, dramatically,” because of the advent of self-driving cars.
He looks at the industry and sees many potential players, but the firm says there will only be one true winner:
“Our point is not that Tesla is at risk, it’s that everybody else is.”
The major argument is that autonomy is nearing a tipping point where years of chipping away at the software and data needed to develop a sound, safe, and effective form of autonomous driving technology turn into an avalanche of progress.
Wertheimer believes autonomy is a $7 trillion sector,” and in the coming years, investors will see “hundreds of billions in value shift to Tesla.”
A lot of the major growth has to do with the all-too-common “butts in seats” strategy, as Wertheimer believes that only a fraction of people in the United States have ridden in a self-driving car. In Tesla’s regard, only “tens of thousands” have tried Tesla’s latest Full Self-Driving (Supervised) version, which is v14.
Tesla Full Self-Driving v14.2 – Full Review, the Good and the Bad
When it reaches a widespread rollout and more people are able to experience Tesla Full Self-Driving v14, he believes “it will shock most people.”
Citing things like Tesla’s massive data pool from its vehicles, as well as its shift to end-to-end neural nets in 2021 and 2022, as well as the upcoming AI5 chip, which will be put into a handful of vehicles next year, but will reach a wider rollout in 2027, Melius believes many investors are not aware of the pace of advancement in self-driving.
Tesla’s lead in its self-driving efforts is expanding, Wertheimer says. The company is making strategic choices on everything from hardware to software, manufacturing, and overall vehicle design. He says Tesla has left legacy automakers struggling to keep pace as they still rely on outdated architectures and fragmented supplier systems.
Tesla shares are up over 6 percent at 10:40 a.m. on the East Coast, trading at around $416.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Investor's Corner
Tesla wins $508 price target from Stifel as Robotaxi rollout gains speed
The firm cited meaningful progress in Tesla’s robotaxi roadmap, ongoing Full Self-Driving enhancements, and the company’s long-term growth initiatives.
Tesla received another round of bullish analyst updates this week, led by Stifel, raising its price target to $508 from $483 while reaffirming a “Buy” rating. The firm cited meaningful progress in Tesla’s robotaxi roadmap, ongoing Full Self-Driving enhancements, and the company’s long-term growth initiatives.
Robotaxi rollout, FSD updates, and new affordable cars
Stifel expects Tesla’s robotaxi fleet to expand into 8–10 major metropolitan areas by the end of 2025, including Austin, where early deployments without safety drivers are targeted before year-end. Additional markets under evaluation include Nevada, Florida, and Arizona, as noted in an Investing.com report. The firm also highlighted strong early performance for FSD Version 14, with upcoming releases adding new “reasoning capabilities” designed to improve complex decision-making using full 360-degree vision.
Tesla has also taken steps to offset the loss of U.S. EV tax credits by launching the Model Y Standard and Model 3 Standard at $39,990 and $36,990, Stifel noted. Both vehicles deliver more than 300 miles of range and are positioned to sustain demand despite shifting incentives. Stifel raised its EBITDA forecasts to $14.9 billion for 2025 and $19.5 billion for 2026, assigning partial valuation weightings to Tesla’s FSD, robotaxi, and Optimus initiatives.
TD Cowen also places an optimistic price target
TD Cowen reiterated its Buy rating with a $509 price target after a research tour of Giga Texas, citing production scale and operational execution as key strengths. The firm posted its optimistic price target following a recent Mobility Bus tour in Austin. The tour included a visit to Giga Texas, which offered fresh insights into the company’s operations and prospects.
Additional analyst movements include Truist Securities maintaining its Hold rating following shareholder approval of Elon Musk’s compensation plan, viewing the vote as reducing leadership uncertainty.
@teslarati Tesla Full Self-Driving yields for pedestrians while human drivers do not…the future is here! #tesla #teslafsd #fullselfdriving ♬ 2 Little 2 Late – Levi & Mario
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