Is Tesla stock a Buy, Sell or Hold? Tesla stock has received a consensus rating of buy. The average rating score is and is based on 63 buy ratings, 24 hold ratings, and 5 sell ratings.
Stock Price Forecast
The 34 analysts offering 12-month price forecasts for Tesla Inc have a median target of 205.00, with a high estimate of 335.00 and a low estimate of 71.00. The median estimate represents a -21.31% decrease from the last price of 260.53.
According to the latest long-term forecast, Tesla price will hit $400 by the end of 2023 and then $600 by the end of 2024. Tesla will rise to $800 within the year of 2025, $900 in 2026, $1100 in 2027, $1300 in 2028, $1500 in 2029, $1600 in 2031, $1700 in 2032 and $1800 in 2033.
However, as per recent predictions, Tesla's stock price might see a moderate price strength to $1750 in 2040. This can significantly impact the percentage growth of electric cars in 2040, as well as the highly competitive automotive industry.
Cathie Wood, CEO of investment management firm ARK Invest, has long been bullish on Tesla. Wood recently explained why she thinks Tesla's stock could hit at least $2,000 by 2027, representing “one of the most important investment opportunities of our lifetimes.”
Tesla Stock Prediction 2025
The Tesla stock prediction for 2025 is currently $ 557.30, assuming that Tesla shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 113.91% increase in the TSLA stock price.
Tesla management said the company expects to grow its EV deliveries at an average annual rate of 50% over a multi-year horizon. In 2020, the company delivered nearly 500,000 vehicles. Based on its expected growth rate, the company could be delivering 28 million cars annually 10 years from now.
The EPS Rating for Tesla stock is 93 out of 99. The market status is showing a "confirmed uptrend." Tesla stock has formed a valid base but TSLA is not a buy right now. However, Tesla stock is signaling a move above the 200-day line and 200 level and is approaching its current buy point.
Baron said he believes Tesla can hit $500 to $600 per share by the year 2025 and the company could be worth $4.5 trillion in the next eight to 10 years. “But that's not including robots, that's not including autonomous vehicles, that's not including batteries,” Baron said in November 2022.
According to Gov Capital, Tesla share price will likely continue soaring in 2023 and hit the key resistance point at $352. If this is accurate, it means that the shares will need to rise by over 80% from the current level.
Tesla stock price prediction 2025 and 2030
At the time, the company will be highly profitable as the world moves to electric cars. As shown below, analysts at Wallet Investor expect that the stock will be trading at above $300 in 2025. Similarly, Cathie Wood believes that the stock will be over $3,000 by 2030.
The projected Tesla stock price of $2900 in 2050 represents a significant increase from its current price level. However, this price increase is not unrealistic when considering the strong growth potential of the electric car industry.
Historical dividend payout and yield for Tesla (TSLA) since 1971. The current TTM dividend payout for Tesla (TSLA) as of June 16, 2023 is $0.00. The current dividend yield for Tesla as of June 16, 2023 is 0.00%.
Ultimately, AAPL is considered by many to be a good stock to purchase and hold. Thus, it sports what is considered an immensely positive outlook for the foreseeable future. Subsequently, predictions maintain that Apple stock could reach $1000 between the years 2035 and 2040.
Tesla also jumped above its 200-day moving average for the first time since 2022 – another bullish sign. A plethora of catalysts, a bargain basement valuation, financial efficiency, growth and liquidity, and strong technical action are key reasons why Tesla's stock should be higher 6-12 months from now.
Trainer thinks it's probable that Tesla grows sales fast, at between 20% and 30% a year in 2023, 2024, and 2025, and at 10% in the five out years. The rub: He forecasts that its operating margins will fall from 13% in 2023 to 7% in the years beyond.
Tesla (TSLA) stock took a nosedive after the electric vehicle giant posted a first quarter revenue and profit miss, and gross margins that dipped below 20% to 19.3%, as the cost of recent price cuts hit profitability.
If you replace the battery pack, though, it's possible to cover over 1 million miles with your Tesla if you look after the rest of the vehicle. In fact, one of the longest-lasting Teslas had surpassed one million miles as of 2022.
What Tesla Says About Battery Lifespan. According to Tesla's 2021 impact report, its batteries are designed to last the life of the vehicle, which the company estimates as roughly 200,000 miles in the U.S. and 150,000 miles in Europe.
Tesla car batteries can last for 300,000 to 500,000 miles, or 1,500 battery cycles. That's around 22 to 37 years if you're driving 40 miles per day.
Buffett hasn't avoided Tesla because he dislikes the company's CEO, Elon Musk. He recently called Musk "a brilliant, brilliant guy." So why doesn't Buffett own Tesla stock? Here's the biggest reason.
“$400 is a price tag that is more relevant for 2025-2026 than 2023. While things are looking positive for the company overall, it's unlikely that 2023 is the year that takes Tesla to new heights. The price target for 2023, in my opinion – is more like $130-$140.”