Tesla Stock Price Forecast & Long-term Prediction

Since 2019, Tesla has been among the volatile US stocks. Its current beta coefficient is 2.28. This company is valued primarily by adherents of trading. It provides an opportunity to make a quick profit. Tesla pays no dividends. Its stock is not proper for those who are interested in passive income. It is unlikely to become a good dividend story for the company in the foreseeable future. Tesla is an option to add to the portfolio of a passive long-term investor. But only on condition that the person has a high risk tolerance.
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Amazon Stock Price for Today (04/12/2024)

Today Tesla quotes are under the bulls' influence. The market is optimistic, the stock value is growing. This situation has fundamental grounds. In addition, the price is pushed up by favorable forecasts within the framework of technical analysis.

 

Minimum forecast cost

177.22 USD

Maximum Forecast Value

195.88 USD

% value change

0%

Key Findings

Price Today - $169.48.

 

Least possible price, $

Best possible price, $

Price at the end of 2024

68

345

Price for next year 2025

80

500

Long-term price 2025-2030

581

2421

According to Bloomberg reports, over the 2-week period of 2024, Tesla's capitalisation fell by $94bn. The main reason was the outperformance of competitors. An additional factor - manufacturing problems in Germany. Another decrease in prices for some models also played its role.

The quotations forecast for the nearest month is bearish. Based on BeatMarket analysts' opinion, the stock may fall to $180 by mid-February. The most optimistic predictions assume that quotations will go sideways. Their authors indicate a price of $190.

 

Tesla (TSLA) Technical Analysis

There was a steady uptrend on the Tesla chart in 2023. The quotations reached the level of $260 in the last days of December. At this point, the bulls gave up their positions. The value of the stock began to decline. In mid-February, there was an attempt to turn the bearish trend into a bullish one. However, the fundamentals proved stronger. 

As of mid-March 2024, the key technical analysis tools give identical recommendations. On time frames from M1 to MN1 the consensus forecast is "actively sell".

The following should be taken into consideration:

  • on time frame 1D the quotes are below the moving averages; 

  • the RSI indicator, which is based on 14 candlesticks, has almost entered the oversold zone;

  • the M30 timeframe shows a Bullish doji Star bullish candlestick pattern with medium reliability. 

All this indicates the probability of the trend changing. Traders, who are used to trading against the market, may consider it to be positive signals.

But one should mind the negative fundamental factors. They may not allow quotations to turn around in the nearest future.

Fundamental analysis

According to Tradingview, Tesla has been steadily increasing its revenue since 2016. But only at the end of 2020, the company managed to demonstrate its net profit. In subsequent years, this indicator has been steadily growing. For more financial data, please refer to the table below. 

The investing.com platform reports that Tesla's current P/E multiple is almost 2 times the industry average. But it should be taken into account that this company is significantly different from other carmakers. 

ROI is considered one of the most attractive of all Tesla's multiples. Its value for the last 12 months exceeds the average for 5 years. The difference is more than 2 times. Other key parameters are given below. 

Where will be Tesla in 5 years

Tesla quotes are quite volatile. The financial situation of the company is influenced by many factors. The company works with high-tech products. Therefore, it is quite difficult to make forecasts on its value. 

Experts disagree even on which way the quotes will go. Most Wall Street analysts have positive feelings. The most famous bulls are Ronald Baron and Cathie Wood. They are confident that Tesla will be able to consolidate above $1000 in the next 5 years. The most optimistic forecasts suggest that the stock will rise above $2500.

But there is also a bearish scenario. Its authors promise a short-term growth of quotations in the coming years. It will be followed by a return to the levels below $200 per stock in 2028. 

Bullish factors that will support the price in the next 5 years:

  • expanding the model range through the budget segment;

  • strengthening of the energy production and storage business;

  • opportunities to introduce new products;

  • growth in demand for the company's products due to popularization of green energy.

The weakness remains the rather high cost of production. The business clearly does not work for the broad market. There are analysts who believe that Chinese companies will be able to bypass Tesla. 

But this opinion is not shared by everyone. Among those who disagree are Adam Jonas at Morgan Stanley. In 2023, he expressed confidence that Tesla will maintain its leadership in the coming years.

Some experts believe that the currently quoted price level is overstated. They believe this is due to the public's interest in Ilon Musk's personality. If he leaves or loses popularity, the value of the company will decrease. 

BeatMarket specialists do not consider the current value to be fundamentally unreasonable. We believe that Tesla may reach new heights in the next 5 years. At the same time, we do not support the $2500 and above scenario. Our forecast for today is a moderate growth of quotations.

Tesla Stock Price Prediction 2024

The company had a bad start to 2024. External factors influenced its quotations. First of all, these are logistics issues due to the events in the Red Sea. Another negative news is falling market share. In the fourth quarter of 2023, Tesla was second to BYD in terms of the number of electric cars sold. 

Leading stock analysts have no consensus on Tesla's prospects. According to the data provided by cnn.com, the expected price of TSLA by the end of 2024:

  • minimum, $68;

  • medium, $224.5;

  • maximum, $345.

The Street calls the average target price for TSLA at $220.98. And JPMorgan believes that the quotes will fall below $140. The reason for the negative prediction is the expectation of further decline in Tesla's profit. 

According to investing.com, Analysts 12-Month Price Target is $208.81.

The forecast from BeatMarket analysts is presented in the table below.

 

Regular price, $

Least possible price, $

Best possible price, $

April, 2024

185.918

158.0303

213.8057

May, 2024

180.169

153.14365

207.19435

June, 2024

202.150

171.8275

232.4725

July, 2024

234.050

198.9425

269.1575

August, 2024

233.463

198.44355

268.48245

September, 2024

236.568

201.0828

272.0532

October, 2024

248.832

211.5072

286.1568

November, 2024

259.704

220.7484

298.6596

December, 2024

233.693

198.63905

268.74695

January, 2025

222.146

188.8241

255.4679

February, 2025

234.201

199.07085

269.33115

March, 2025

424.520

360.842

488.198

 

TSLA Stock Forecast 2025

Forecasts for 2025 are even more variable. Tesla's final stock price will depend heavily on its 2024-2025 financial results. The factor of Ilon Musk's personality will retain its influence on the quotations. The macroeconomic situation in the world will be no less important for the price formation. 

Here is a brief overview of Tesla stock price forecasts by the end of 2025:

  • $80 - by Craig Irwin at Roth Capital; 

  • $349-$472.5 - by Gov Capital Services;

  • $400 - by Adam Jonas at Morgan StanleyMS;

  • $500 - by Sneha Nahata at Barchart.

BeatMarket experts are optimistic about the company's future. We believe that by the end of 2025 the quotes will exceed the prices of the beginning of 2024. A more detailed forecast is available below.

 

Regular price, $

Least possible price, $

Best possible price, $

January

222.146

188.8241

255.4679

February

234.201

199.07085

269.33115

March

424.520

360.842

488.198

April

383.131

325.66135

440.60065

May

383.916

326.3286

441.5034

June

407.977

346.78045

469.17355

July

448.253

381.01505

515.49095

August

442.668

376.2678

509.0682

September

443.075

376.61375

509.53625

October

421.611

358.36935

484.85265

November

432.202

367.3717

497.0323

December

408.280

347.038

469.522

 

Tesla Stock Price Prediction 2026

The outlook for Tesla stock is moderately optimistic for a relatively long period. Ark Invest is known for its bullish views on the company's future. In fact, even this investment company has updated its predictions. Its experts previously came up with a price expectation of $2900-$5800 per stock. In 2023, the target values were lowered almost 2 times. 

Even more moderate forecast is given by experts of Gov Capital service. Their average forecast price at the end of 2026 is $721.5.

Relative pessimism is demonstrated by analysts of longforecast.com platform. According to their data, the price of TSLA in December 2026 will range from $250 to $320.

The reason for such discrepancies is the varying opinions that experts have on the pace of electric vehicle adoption. Also, some analysts are betting on Chinese competitors. They believe that BYD will soon surpass Tesla in key parameters. 

 

Regular price, $

Least possible price, $

Best possible price, $

January

405.262

344.4727

466.0513

February

428.700

364.395

493.005

March

660.130

561.1105

759.1495

April

626.551

532.56835

720.53365

May

640.752

544.6392

736.8648

June

682.993

580.54405

785.44195

July

712.255

605.41675

819.09325

August

712.334

605.4839

819.1841

September

716.507

609.03095

823.98305

October

699.435

594.51975

804.35025

November

725.353

616.55005

834.15595

December

715.702

608.3467

823.0573

 

TSLA Prediction 2027

Cathie Wood believes that by 2027 Tesla quotes will increase significantly. The bearish forecast is $1400, bullish - $2500.

But most experts are much less optimistic:

  1. Gov Capital service expects quotations within the range of $930-$1258 by the end of December 2027.

  2. Longforecast.com experts give a bearish prediction. In their opinion, TSLA stock price will fall to $140-$179.

  3. BeatMarket analysts believe that the company will be able to increase its financial performance. Therefore, its stock price will grow. But we do not expect the company to consolidate above the level of $1200.

The Value Investing platform forecasts Tesla's revenue to grow up to $208bn by 2027. They expect EPS to increase to $7 compared to $4 in 2023. With these expectations being met, the company's stock price will also rise.

 

Regular price, $

Least possible price, $

Best possible price, $

January

695.711

591.35435

800.06765

February

716.129

608.70965

823.54835

March

1025.209

871.42765

1178.99035

April

994.287

845.14395

1143.43005

May

1002.149

851.82665

1152.47135

June

1037.200

881.62

1192.78

July

1074.054

912.9459

1235.1621

August

1077.560

915.926

1239.194

September

1084.161

921.53685

1246.78515

October

1079.191

917.31235

1241.06965

November

1100.836

935.7106

1265.9614

December

1085.117

922.34945

1247.88455

 

Tesla Price Forecast 2028

The platform stockanalysis.com presented forecasts on Tesla's financial performance. According to them, the company's EPS will be in the range of $6.8-$9.86 in 2028. This allows us to expect the stock to grow in value. 

Here is a brief overview of TSLA stock price forecasts for 2028:

  • most analysts' predictions are within the range of $1200 to $2000 per stock;

  • negative authors expect the levels of $150-$175 per stock;

  • optimists believe it is possible to overcome the $2500 mark.

BeatMarket experts consider the moderate valuation reasonable. We are neither inclined to support Cathie Wood's optimism, nor do we believe in the price growth tenfold. In our opinion, there are reasons to wait for a consolidation above the $1500 per share level. But the $2000 threshold may become a strong resistance.

 

Regular price, $

Least possible price, $

Best possible price, $

January

1078.383

916.62555

1240.14045

February

1099.895

934.91075

1264.87925

March

1349.809

1147.33765

1552.28035

April

1318.185

1120.45725

1515.91275

May

1331.938

1132.1473

1531.7287

June

1369.590

1164.1515

1575.0285

July

1409.449

1198.03165

1620.86635

August

1412.877

1200.94545

1624.80855

September

1421.442

1208.2257

1634.6583

October

1412.001

1200.20085

1623.80115

November

1435.146

1219.8741

1650.4179

December

1423.351

1209.84835

1636.85365

 

Long-Term Tesla Stock Forecast 2030 to 2050

The long-term Tesla price outlook is bullish. The vast majority of experts believe the company will remain the leader by 2050. Ronald Baron and Cathie Wood are the most optimistic. In their bullish forecasts, they point to the possibility of multiple price growth. In fact, it is expected to happen within the next 10 years. Its brand recognition is cited as its key advantage. In addition, its strengths include:

  1. Advanced production technologies. The company is constantly investing in development.

  2. Product line expansion, introduction of budget models.

  3. Additional services. For example, Supercharger - a network of charging stations designed for vehicles of other manufacturers.

But the company also has its own risks. The key one is the rise in prices for components and raw materials. Many non-ferrous metals required for electric cars are expected to be in short supply. The business will be adversely affected by the global economic deterioration and a decline in consumer spending.

 

Amazon Projections For the Next 10 Years

Tesla’s stock is a volatile asset. It is difficult to predict its price accurately. Therefore, the experts' predictions vary greatly. Some analysts promise a twofold growth by the end of 2024. Others believe that in the near future the bullish trend in quotations will be broken. They argue their position because of the conflict with NHTSA.

On the horizon of 5 years and more, experts predict a steady growth of capitalisation. There are opinions that the price of Tesla stock will cross the threshold of $1000 already in 2027-2028. 

Even pessimists call the company a good long-term investment. The minimum growth rate that it is promised is 10-11% of average annual growth. 

 

Tesla stock price prediction 2030

Experts believe that Tesla inc. will retain its position in the rating of the largest companies. The stock price forecast is bullish by the end of 2030. But the target price levels differ significantly. The following numbers can be found:

  • pessimistic statements — $581;

  • moderate scenario — $1500;

  • highest expectations — $2421.

The moderate prediction was made by Ronald Baron, the founder of Baron Capital Management. The asset looks favorable based on even moderate Tesla stock price forecasts. They predict a growth of almost 10 times relative to the current price. 

The main risk during this period will be volatility in the stock market. The problems in the global economy may turn out to be a significant negative factor. 

Tesla stock forecast 2040

Goldman Sachs Research expects sales of electric vehicles to grow. As early as the middle of the next decade, they will occupy half of the passenger vehicle market. By 2040, the demand for them will amount to more than 70 million units per year. 

Tesla is called the main beneficiary of this process. This allows experts to give a positive revenue forecast for the company. But there are also analysts offering a pessimistic scenario. They believe that this business has already passed its explosive growth phase. 

The following figures can be seen in the forecasts for Tesla:

  • pessimistic statements - $1772;

  • average analysts' expectations - $14664;

  • optimistic scenario - $23629. 

The main risk is a slowdown in the electric vehicle market. But The Motley Fool has included Tesla among the 4 stocks that will be the most expensive by 2040.

 

Tesla Future price 2050

In order to make price forecasts over long horizons, data extrapolation is used. TSLA quotations throughout history behaved ambiguously. The issuer is also characterized by rapid price movements. Therefore, the predictions have a strong variation depending on the algorithm used. 

The predictions indicate the following targets:

  • the expected low is $3906;

  • optimistic predictions - $25576.

Experts do not name levels that would be a moderate scenario. All the forecasts can be divided into 2 types. Optimistic - the expected price of Tesla stock exceeds $20 thousand. Pessimistic - the stock value is $5 thousand and less. 

The main risk is competitors with new technologies and market loss.

 

About Tesla Inc

tesla logo

Tesla inc. was founded in 2003 by Martin Eberhard and Marc Tarpenning. It is engaged in the development of electric vehicles and energy generation and storage systems. 

The IPO on Nasdaq took place in 2010. It had splits in 2020 and 2022. Today TSLA stock is a part of 16 indices, including the Nasdaq 100 and the S&P 500. The largest shareholder is Ilon Musk. He owns almost 13%. Another 38.5% is held by institutional investors.

The business model is based on the D2C principle. The company excludes the participation of intermediaries and operates directly with the consumer. More than 80% of profit comes from the distribution of electric vehicles. The rest is revenue generated from auxiliary components:

  • technical support services;

  • vehicle leasing;

  • charging stations;

  • solar panels.

Tesla also makes money from the sale of automotive regulatory credits. 

The business primarily targets the premium segment and affluent consumers. Relatively budget models have been added to the line-up recently.

In addition to those listed above, there is another type of company's activity. This is scientific research. The management invests huge amounts in the development of digital technologies. The key area of research is unmanned driving. No less important are the activities in the field of energy. They provide support from the government. 

For many experts, however, Ilon Musk is the key success factor. Namely his ability to both anticipate the desires of consumers and infect people with ideas. Thanks to this, the company has become the leader of the "green revolution" in the automotive segment. 

 

Tesla Price History Chart

What Influences Tesla Shares Price

Company revenues

For most investors, the decision to buy or sell is based on fundamentals. Revenue growth, net income and earnings per stock (EPS) are matters. When they turn out to be worse than the market expects, quotes fall. When there is a strong financial report, the value of the company rises.

State of economy

Tesla’s stock price is highly dependent on buyers' ability to pay. Electric vehicles are still a premium product. If the economic situation worsens, the demand for them may fall. Therefore, the company's quotations are affected by all factors that reduce the customers' income.

"The Green Revolution."

Electric vehicle manufacturers are one of the main beneficiaries of carbon dioxide emission reduction policies. The revenues and market value of the business directly depend on the strength of the eco-activists' position. A possible slowdown in the transition to green transport is a risk factor for the company.

News background

TSLA quotations are strongly influenced by news. Reports of new support measures from the government lead to growth. The same effect is produced by statements of famous investors about their faith in the company. Ilon Musk's tweets and statements can radically affect the stock price.

Is TSLA A Good Investment

Short-term

(1-6 month)
In the short-term, analysts rating stands at buy TSLA. The same advice is given by technical analysis. There is a clearly expressed bullish trend on the market. Investors believe in the company's prospects. Its stocks are an excellent choice for investments for a few days or weeks.

Medium-term

(6-12 month)
TSLA is recommended to buy with a 6-12 month horizon. The stock is expected to grow on the back of strong financials. Good reporting will lead to a surge of investors' interest. Macroeconomic factors are also on the bulls' side. The hope that the rate hike cycle will be completed increases the demand for risky assets.

Long-term

(1 year+)
On the horizon of more than a year, experts estimate Tesla's prospects to be positive. All Wall Street analysts believe in the growth of its quotations. This perspective is based on strong fundamental and technical factors. In the future, the stock is predicted to renew the historical maximums of its value.

FAQ

Is Tesla stock expected to rise?

Most analysts give a bullish price of Tesla stock prediction. And both in the short term and in the long term. Although there are opinions that the company will face problems in the coming years. The latter will lead to a decline in its value. But even moderate outlooks for 2050 make TSLA an attractive asset.

How much is Tesla's stock prediction for 2025?

Tesla stock price outlooks for 2025 are contradictory. Most experts believe that the quotes will continue to grow. Analyst price targets are in the range of $300 - $760. But there are outlooks that the value will fall. Some authors believe that by the end of the year the level of $177 will be reached.

What is the market capitalization of Tesla Stock?

As of 14 December 2023, the market capitalization was $798 billion. Tesla is the seventh largest company in the United States. In the world classification, it ranks eighth. The historical maximum of the indicator was in November 2021. It amounted to $1.23 trillion.

When is the next earnings date for Tesla?

The company reports its financial results every 3 months. The amount of profit for Q4 2023 was announced on January 24, 2024. The results of the first quarter of 2024 will be known on April 17. The second one will be in the twentieth of July. Another reporting date is in October.

What is a fair price for Tesla stock?

According to the Peter Lynch formula, the fair value is calculated as follows Fair Value = Earnings Growth Rate x TTM EPS. In this case for Tesla it is $107.6. However, many experts believe that this valuation method is not appropriate for technology companies.

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