Tesla Inc: Analysts Update Coverage

Tesla Inc. (TSLA) (TSLA:CA)

Tesla, Inc. (TSLA) continues to attract bullish sentiment from analysts, with most highlighting strong EV demand, production growth, and energy solutions as key drivers:

Wedbush raised its 12 month target price from $500.00 to $600.00 while maintaining an Outperform rating. The firm cited continued growth in EV deliveries across global markets and increasing adoption of Tesla Energy products, including solar and energy storage solutions. Wedbush views these trends as reinforcing Tesla’s long-term revenue diversification and leadership in sustainable technologies.

Royal Bank of Canada (RBC) reiterated their Buy rating, emphasizing Tesla’s dominant position in the electric vehicle market and its ability to scale production efficiently. RBC also noted that ongoing expansion of Gigafactories and localized production in key markets enhances Tesla’s competitive advantage and ability to meet rising EV demand.

Deutsche Bank raised its 12 month target price from $345.00 to $435.00, while maintaining a Buy rating. The firm is highlighted by its solid vehicle demand, particularly for the Model 3 and Model Y, and expressed confidence in Tesla’s cost efficiencies from economies of scale, vertical integration, and production process improvements. Deutsche Bank expects these factors to support both margin expansion and sustained profitability.

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