Tesla Stock Price Target – The value of Tesla shares is expected to increase by 1.57%, to $ 202.38 per share by August 11, 2024, based on our current TSLA stock forecast. With the Fear & Greed Index at 39 (Fear), our technical indicators indicate that the current sentiment is bearish. The last 30 days had 9.87% price volatility for TSLA stock, with 15 out of 30 (or 50%) green days. Given that TSLA is currently trading 1.54% below our projection and may be cheap, our Tesla stock forecast indicates that this is a good opportunity to buy the company.
Tesla Last 5-Year Performance
Revenue Growth
- 2019: $24.58 billion
- 2020: $31.53 billion
- 2021: $53.82 billion
- 2022: $81.46 billion
- 2023: $113.43 billion
Debt
- 2019: $13.3 billion
- 2020: $12.1 billion (debt reduction efforts)
- 2021: $11.5 billion
- 2022: $11.0 billion
- 2023: $10.5 billion (estimated)
The business has successfully managed its debt, lowering total debt while preserving a high level of liquidity.
Over the previous five years, Tesla’s financial health has significantly improved because to increases in revenue, increased profitability, and efficient capital management. The organization’s well-managed debt levels and robust cash position further bolster its sound financial standing.
TESLA Share Price Target 2025 To 2030
Tesla has set an ambitious short-term price target of $310, with a bottom of $22.86, which would essentially return the stock to its zero profit years. Given the extremely high price objective, Nasdaq.com analysts believe the stock is currently a great buy and that the company’s fundamentals are likewise highly rated.
| Year | Target Price |
| 2025 | $ 254.67 |
| 2026 | $ 325.49 |
| 2027 | $ 416.00 |
| 2028 | $ 531.68 |
| 2029 | $ 679.53 |
| 2030 | $ 868.49 |
It’s difficult to forecast the future of EVs and EV makers, let alone six years into the future. The technology’s uptake, government incentives, rivals, the availability of raw materials needed to make batteries, and, in the case of Tesla, the eccentric leader’s temperament, all affect performance.
This is a well-known Tesla bull, so take it with a grain of salt. However, investor Gary Black projects that EV adoption might rise by 50%, and Tesla now has the infrastructure to fully capitalize on this.
Conclusion
The majority of market analysts are reluctant to give Tesla a sell recommendation. This doesn’t change the fact that there are now just too many variables to make a safe or accurate evaluation. However, a sub-$200 EV stock also appears to be a good deal.
