Stocks: Analysts Set Tesla (TSLA) Stock Price Target Amid Rising Optimism
Overview of Tesla's Stock Surge
Tesla (NASDAQ: TSLA) surged on Tuesday, September 10, fueled by a fresh “Buy” rating from Deutsche Bank.
The electric vehicle (EV) giant saw its shares climb 4.6%, closing at $226.17, after a solid 2.6% gain on Monday. While the broader market had a mixed day— with the S&P 500 index inching up 0.5% and the Dow Jones slipping 0.2%—Tesla remained in the fast lane.
Analyst Predictions and Price Targets
Deutsche Bank analyst Edison Yu initiated coverage with a bullish $295 price target, stepping in after former Tesla watcher Emmanuel Rosner made the jump to Wolfe Research.
Yu’s projection places Tesla among the top estimates on Wall Street. For context, the average analyst target hovers around $215, while Morgan Stanley’s Adam Jonas holds the highest with a $310 target. Clearly, Yu is betting big on Tesla’s future.
He isn’t seeing Tesla as just another EV company either. In his words, it’s “a technology platform attempting to reshape multiple industries”—a claim that justifies a different valuation approach entirely. The analyst highlighted Tesla’s leadership across auto, energy, mobility, and even robotics, dubbing the company “in a league of its own.”
Growth Drivers and Market Outlook
The Deutsche Bank analyst also pointed to Tesla’s battery storage business as a key growth driver, projecting that this segment alone could rake in an impressive $13 billion in sales by 2025. With battery storage becoming more profitable, Tesla’s energy division is emerging as a powerhouse in its own right.
Meanwhile, Cantor Fitzgerald weighed in with a more cautious tone, restating their neutral rating on Tesla in a report released Monday morning. The firm set a price objective of $245 for the electric vehicle producer’s stock, signaling a more tempered outlook compared to Yu’s bullish stance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.