Travel and Leisure Travel and Leisure

Tesla stock outlook for 2025 according to a Wall Street analyst


Published on 2024-12-18 10:41:27 - MSN
  Print publication without navigation

  • Baird raised its price target for Tesla Inc (NASDAQ:TSLA) to $480 from $280, on strong growth prospects in the automaker, supported by cost reductions, new models, and favourable regulatory dynamics.

The article from MSN Money discusses a Wall Street analyst's outlook for Tesla stock by 2025. Analyst Adam Jonas from Morgan Stanley has set a price target of $320 for Tesla shares, suggesting a potential increase from its current valuation. Jonas bases his optimism on several factors including Tesla's advancements in autonomous driving technology, the potential for a robotaxi service, and the company's expansion into new markets like energy storage and AI. He believes that Tesla's focus on software and services, alongside its traditional automotive business, could significantly boost its valuation. However, the article also notes that Tesla faces challenges such as increased competition, regulatory scrutiny, and production scaling issues, which could impact its stock performance.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/tesla-stock-outlook-for-2025-according-to-a-wall-street-analyst/ar-AA1w601g ]