Wall Street sets Tesla stock price for the next 12 months
Tesla (NASDAQ: TSLA) continues to show bullish momentum as the Delaware Supreme Court reinstated CEO Elon Musk’s $139 billion stock award, propped up further by new Tesla stock price revisions over the past few days.
On Friday, December 19, Deutsche Bank raised its Tesla price target from $470 to $500, with a “Buy” rating. The bank expects fourth-quarter 2025 vehicle deliveries to come below expectations due to weaker volumes in the U.S., Europe, and China, but argues that Robotaxi testing in Austin, Texas, could be a sign of a broader rollout in the near future.
In this regard, Deutsche Bank’s prediction agrees in part with some other analyses, which likewise see Tesla preparing for major breakthroughs in what…
