Investor's Corner
Tesla (TSLA) gets new PTs after Battery Day breakthroughs
Tesla (NASDAQ: TSLA) received a variety of new price targets from investment firms following the conclusion of the company’s Battery Day event last night. Goldman Sachs, Deutsche Bank, and Baird analysts all raised their outlook for the electric automaker’s stock following the successful Battery Day presentation, which revealed Tesla’s plans for a new battery structure, more efficient manufacturing, and its roadmap for more affordable vehicles. Morgan Stanley also commended Tesla’s event but did not increase its price target.
Tesla stock suffered a small pullback in value during and following the event, which can likely be attributed to the fact that the revealings at Battery Day will not be available immediately. CEO Elon Musk stated a day prior to the event that some of the developments will take a few years to come to fruition.
However, some firms are advising that investors take advantage of the pullback in stock value. Tesla’s announcements last night proved that the company is head and shoulders above the rest of the EV sector in terms of manufacturing, performance, and battery technology.
Goldman Sachs
Goldman Sachs analyst Mark Delaney raised his price target on TSLA stock from $295 to $400 and maintained a “Neutral” rating, according to TheFly. The increased outlook from Delaney is based on Tesla’s importance in the future widespread adoption of electric cars, as well as potential margin upside from software. Delaney wrote in a note to Goldman investors that Tesla’s goals to produce its own battery cells, along with a possible 100 GWh capacity by 2022, and 3 TWh in 2030, shows the company’s plan is set and it has a roadmap to achieve it.
Deutsche Bank
Deutsche Bank’s Emmanuel Rosner upgraded his rating on Tesla stock from “Hold” to “Buy” and raised his price target from $400 to $500. Rosner stated that although Wall Street’s reaction to the Tesla event was not positive, it is an opportunity for investors to take advantage of a discount on the share price. “With the stock price indicated down post-market traders ‘sell the news,’ we recommend longer-term investors to take advantage of weakness to buy Tesla as the best way to invest in vehicle electrification,” Rosner wrote to investors, according to CNBC.
-->Tesla debuts new 4680 battery cell: 500% more energy, 6X power, range increase
Baird
Ben Kallo of Baird increased his price target to $360 from $332 and reiterated his “Neutral” rating on the stock. The minimal increase in Kallo’s price target is because he believes the company’s current valuation already reflects significant disruption potential. “With the Battery Day in the rearview, we think there is a lack of upcoming catalysts and are cautious about demand given the recessionary environment,” Kallo writes to investors. He believes the company’s future holders should take advantage of pullbacks in stock price, MarketWatch reported.
Morgan Stanley
Morgan Stanley’s Adam Jonas stated that Tesla Battery Day “largely lived up to the hype, by didn’t clearly exceed it.” However, Jonas indicated that the plan to reduce cell cost and increase total investment cost was “substantial for this industry.” The analyst added that “applying Tesla’s 69% targeted savings to this figure (implying $174mm/10 GWh) to the 3 TWh target implies over $50bn of battery capacity investment needed to Tesla alone and $350bn for the industry to get to 20 TWh.
Tesla’s Battery Day Largely Lives Up to Hype | Morgan Stanley $TSLA pic.twitter.com/h4LeCMNRLW
— David Tayar (@davidtayar5) September 23, 2020
-->At the time of writing, TSLA stock was trading at $398.42.
Disclaimer: Joey Klender is a TSLA Shareholder.
Investor's Corner
Mizuho keeps Tesla (TSLA) “Outperform” rating but lowers price target
As per the Mizuho analyst, upcoming changes to EV incentives in the U.S. and China could affect Tesla’s unit growth more than previously expected.
Mizuho analyst Vijay Rakesh lowered Tesla’s (NASDAQ:TSLA) price target to $475 from $485, citing potential 2026 EV subsidy cuts in the U.S. and China that could pressure deliveries. The firm maintained its Outperform rating for the electric vehicle maker, however.
As per the Mizuho analyst, upcoming changes to EV incentives in the U.S. and China could affect Tesla’s unit growth more than previously expected. The U.S. accounted for roughly 37% of Tesla’s third-quarter 2025 sales, while China represented about 34%, making both markets highly sensitive to policy shifts. Potential 50% cuts to Chinese subsidies and reduced U.S. incentives affected the firm’s outlook.
With those pressures factored in, the firm now expects Tesla to deliver 1.75 million vehicles in 2026 and 2 million in 2027, slightly below consensus estimates of 1.82 million and 2.15 million, respectively. The analyst was cautiously optimistic, as near-term pressure from subsidies is there, but the company’s long-term tech roadmap remains very compelling.
Despite the revised target, Mizuho remained optimistic on Tesla’s long-term technology roadmap. The firm highlighted three major growth drivers into 2027: the broader adoption of Full Self-Driving V14, the expansion of Tesla’s Robotaxi service, and the commercialization of Optimus, the company’s humanoid robot.
“We are lowering TSLA Ests/PT to $475 with Potential BEV headwinds in 2026E. We believe into 2026E, US (~37% of TSLA 3Q25 sales) EV subsidy cuts and China (34% of TSLA 3Q25 sales) potential 50% EV subsidy cuts could be a headwind to EV deliveries.
-->“We are now estimating TSLA deliveries for 2026/27E at 1.75M/2.00M (slightly below cons. 1.82M/2.15M). We see some LT drivers with FSD v14 adoption for autonomous, robotaxi launches, and humanoid robots into 2027 driving strength,” the analyst noted.
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.
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