Tesla's stock price has surged to $480, fueled by optimistic growth forecasts and a favorable regulatory environment. Analysts highlight key drivers such as cost reductions, new models, and Elon Musk's political connections.
Tesla 's stock price has increased to $480 from $280, driven by strong growth prospects for the automaker. This growth is attributed to cost reductions, new models, and favorable regulatory dynamics. Analysts predict the stock will continue to rise, citing potential catalysts such as a regulatory fast track for the Cybertruck, the rollout of affordable vehicles, and Elon Musk 's connections to President-elect Trump.
Baird anticipates Tesla's cost-cutting measures and increased factory utilization will drive growth, while regulatory credit sales are expected to remain a sustainable revenue stream. However, risks exist, including the removal of U.S. EV tax credits, geopolitical risks related to Tesla's Shanghai operations, and concerns about Elon Musk's ability to manage multiple roles. Baird's $200 price target increase reflects a premium valuation of 57 times 2028 EBITDA estimates, discounted to 2025, considering Tesla's growth potential and industry tailwinds
TESLA STOCK PRICE GROWTH PROSPECTS REGULATORY ENVIRONMENT ELON MUSK
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