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Cantor Fitzgerald has reiterated an Overweight rating and $355.00 price target on Tesla (NASDAQ:TSLA), currently trading at $325.31, as the electric vehicle maker continues testing unsupervised self-driving Model Y vehicles in Austin, Texas. The testing comes ahead of Tesla’s robotaxi release targeted for June, though no specific date has been announced. According to InvestingPro data, Tesla maintains a strong financial health score and commands a market capitalization of $1.05 trillion, though current analysis suggests the stock is trading above its Fair Value.
Tesla CEO Elon Musk previously indicated the initial robotaxi rollout would include a "modest number of vehicles" before scaling and expanding to other cities. The company plans to introduce its cybercab, which will have no steering wheel or pedals, in 2026. With revenue of $95.72 billion in the last twelve months and a beta of 2.46, Tesla shows both substantial scale and significant price volatility. Get access to 18 more exclusive InvestingPro Tips and comprehensive financial analysis in the Pro Research Report.
As of the first quarter of 2025, Tesla’s Full Self-Driving (FSD) technology with supervision has accumulated over 3.5 billion cumulative miles. The company began rolling out FSD in China during the first quarter and expects to launch in Europe during the first half of 2025, pending regulatory approval. Tesla’s gross profit margin stands at 17.66%, while analyst price targets range from $115 to $500, reflecting diverse views on the company’s growth trajectory.
Tesla management is expected to revise its 2025 automotive growth target, currently set to "return to growth," and potentially update its Energy Storage outlook, which grew more than 100% in fiscal year 2024. The current Energy Storage growth projection stands at more than 50% year-over-year. With a P/E ratio of 172.4, Tesla trades at premium multiples, reflecting high growth expectations. Discover deeper insights and valuations with InvestingPro’s comprehensive financial analysis tools.
Other upcoming catalysts for Tesla include high-volume production of its Optimus Bot expected in 2026, initial Optimus deliveries to customers anticipated in 2027, and the introduction of the Semi Truck with production likely starting in 2026.
In other recent news, Tesla has made several notable moves that have caught the attention of investors. The company raised the prices of its Model S and Model X vehicles in the United States, with both models seeing a $5,000 increase. This price adjustment is now visible on Tesla’s official website. Meanwhile, Tesla’s stock experienced a rise following reports that the U.S. government is easing regulations for self-driving vehicles, which could benefit Tesla’s plans for a robotaxi service. The National Highway Traffic Safety Administration announced it would simplify the exemption process for autonomous vehicles, potentially accelerating Tesla’s ambitions in this area.
In another development, Swedish pension fund AP7 has blacklisted Tesla, selling all its shares due to alleged violations of union rights in the United States. The fund did not disclose the specific nature of these violations or the total value of the shares sold. Separately, JPMorgan upgraded Ningbo Tuopu Group, a key supplier for Tesla, from Neutral to Overweight, citing a recovery in sales volume from Tesla and other customers. This upgrade comes as Ningbo Tuopu’s stock has faced volatility and is currently trading below JPMorgan’s price target. These recent developments highlight a mix of regulatory, financial, and operational changes impacting Tesla and its partners.
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