Stocks

Analyst Updates Tesla Price Predictions

Published December 14, 2024

Just five weeks ago, analyst Brian Wang predicted that Tesla's stock price would soar to $450 within 90 days. Currently, the share price stands at an impressive $436.

Recently, just five days ago, Wang reiterated his stance, suggesting it was not too late to invest in Tesla. Following this comment, the stock experienced a 10% increase.

In light of this performance, Wang has released two new videos offering fresh analysis and updated price targets for Tesla.

Previous Predictions and Insights

Brian Wang has been quite vocal about his expectations for Tesla's stock. Back in October, he forecasted that Tesla could reach $1000 by the end of 2025, with an even more ambitious target of $2500 set for the end of 2027. It is important to note that these insights are not financial advice.

In previous videos, he shared his thoughts on how Tesla could reach $1000 during the latter half of 2025. He emphasized the significance of Tesla's changing political landscape, highlighting a shift from being politically marginalized to being favored.

Additionally, Wang discussed the anticipated impacts of Full Self Driving (FSD) version 13 and shared insights from an engineer involved in Tesla's Robotaxi project.

Market Predictions and Future Expectations

Wang predicts an upcoming bull market in the months following the election, suggesting this could last between two to four months. He anticipates a strong fourth quarter for Tesla, driven by increased earnings from vehicle sales, energy products, and advancements in FSD technology.

With improvements in Tesla's 4680 battery production, costs are expected to decrease, subsequently enhancing profit margins and revenue. Significant breakthroughs in FSD approvals could emerge in markets such as China and Europe.

According to Wang, Tesla is on the brink of achieving superhuman driving capabilities in the forthcoming months. The release of FSD version 13 is anticipated to enable unsupervised driving with improved safety features, well beyond human capacity by mid-2025.

Long-Term Vision

Wang has consistently highlighted the potential for an extraordinary increase in Tesla's stock price over the next few years. He foresees a substantial market for distributed AI inference, which could greatly benefit Tesla.

He emphasized the monumental size of the Tesla Megapack factory in China, which is reportedly larger than initially perceived.

In earlier videos, Wang reiterated his projections for Tesla to reach $1000 by 2025, predicting that the company could boost its earnings sixfold in that timeframe, potentially placing its market value close to that of giants like Apple, Microsoft, and Nvidia.

Wang also mentioned that many catalysts, both on a monthly and weekly basis, will drive the company’s growth throughout 2025. He expects a cascade of FSD licensing approvals to unfold as Tesla expands its influence in various regions, including China and Europe.

Ultimately, as Tesla approaches the realization of full autonomy at scale, the automotive industry could undergo a major transformation where Tesla will play a dominant role. This could lead to Tesla's Robotaxi and freight truck services achieving significant market share and profitability in the coming years.

Tesla, Stock, Analysis