Will Robotaxis and AI Justify TSLA’s Valuation?
As Tesla (NASDAQ: TSLA) heads into 2026, the stock is once again at the center of a huge debate. After a powerful rebound, Tesla trades around $430 per share as of the close on November 28, 2025.
At that level, recent coverage pegs Tesla’s market value at roughly $1.4–$1.45 trillion and notes that the stock is priced at about 177× estimated 2026 earnings – an extraordinarily rich multiple that assumes big success in AI, robotaxis, and energy. [1]
Yet Wall Street’s average 12‑month price targets cluster in the high $380s to low $400s, implying mild downside from today’s price and a “Hold” consensus rating. [2]
So what does this all mean for a Tesla stock price forecast for 2026?
Below, we pull together the latest earnings…
