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On Monday, Cantor Fitzgerald reaffirmed its Overweight rating on Tesla stock (NASDAQ:TSLA), with a steady price target of $425.00. Currently trading at $349.98, Tesla commands a market capitalization of $1.13 trillion. According to InvestingPro analysis, Tesla appears to be trading above its Fair Value, with the stock showing high volatility and trading at a P/E ratio of 182.36. The firm’s analyst highlighted several positive developments, including Tesla’s confirmation of the Robotaxi launch in Texas slated for June and the planned introduction of a lower-priced vehicle in the first half of 2025, anticipated to start at around $30,000, including tax credits. With trailing twelve-month revenue of $95.72 billion and a current ratio of 2.0, Tesla maintains a strong financial position to support these initiatives. InvestingPro subscribers have access to over 20 additional key insights about Tesla’s financial health and growth prospects. This new model is expected to arrive at a strategic time when vehicle prices may be affected by new tariffs and the potential phase-out of the electric vehicle (EV) tax credit.
Tesla’s CEO, Elon Musk, has indicated that he will reduce his time at Dogecoin starting in May, allowing him to allocate more attention to Tesla. This shift in focus is viewed as a positive move by the analyst. Additionally, the report cites several key catalysts for Tesla’s future growth, such as the rollout of Full Self-Driving (FSD) features in China, which began in the first quarter of 2025, and the expected release in Europe during the first half of 2025, pending regulatory approval. High-volume production of the Optimus Bot is projected for 2026, with initial deliveries to customers anticipated in 2027. The introduction of the Tesla Semi Truck is also expected in 2026, positioning the company to enter the self-driving trucking industry.
Cantor Fitzgerald’s analysis suggests that Tesla is well-equipped to handle the impact of tariffs due to its global manufacturing footprint in the U.S., Germany, and China, which benefits from domestic sourcing and a high degree of vertical integration. While the company’s gross profit margin stands at 17.66%, InvestingPro’s comprehensive analysis, available through its Pro Research Report, provides deeper insights into Tesla’s operational efficiency and competitive positioning among 1,400+ top US stocks. The firm sees potential revenue growth from FSD, Robotaxi services, energy storage and deployment, and Optimus Bots as fundamental to Tesla’s long-term strategy.
Despite the optimism, the firm acknowledges potential near-term challenges for Tesla, including broader macroeconomic conditions, the impact of tariffs, Musk’s controversial political stance, and the expected removal of the EV Tax Credit, which could occur in the fourth quarter of 2025 or 2026. Looking ahead to the next quarter, Tesla’s management is anticipated to update its automotive growth targets for 2025 and possibly revise its outlook for energy storage, which has seen a growth of over 100% in the fiscal year 2024.
In other recent news, Tesla has made a significant appointment to its Board of Directors, naming Jack Hartung as a new member and audit committee participant, effective June 1, 2025. Hartung, who is transitioning from his role at Chipotle Mexican Grill (NYSE:CMG), brings over 20 years of financial leadership experience to Tesla. In parallel developments, Tesla has also been in the spotlight for its recent policy change regarding leased vehicles. The company had previously prevented U.S. leasing customers from purchasing their cars at the lease’s end, intending to use the vehicles for a proposed "robotaxi" network. However, the robotaxi service did not come to fruition, and Tesla has since started reselling these returned vehicles, often with software upgrades, to new customers at a premium price. This move has been described by insiders as a way to increase the price of its used vehicles. Additionally, Tesla’s shares have recently shown a recovery trend, contributing to a rebound in the Magnificent Seven group of tech stocks, which had previously experienced a downturn.
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