Tesla (TSLA) stock has fallen more than 30% from its December 2025 peak and is down about 24% year-to-date. The decline has been driven by slower delivery growth, margin pressure from price cuts, rising competition, and broader macro concerns. Despite the pullback, Tesla bulls remain confident and continue to maintain Buy ratings on the stock. Over the past three months, at least five analysts have reiterated their bullish stance, projecting upside of over 50% from current levels.
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New trading tool for TSLA bearsOverall, TSLA stock carries a Hold rating on Wall Street, with an average price target of $393.97, implying a potential upside of about 17% from current levels.
TSLA Stock Performance
Tesla stock is currently trading below $340, marking its lowest level of the year so far. On Tuesday, TSLA stock is down 4% at market open.
The recent decline has been largely driven by a weak Q1 2026 delivery report, marking consecutive quarters below estimates. The company delivered 358,023 vehicles during the quarter, falling short of analysts’ estimates of around 372,000 vehicles. Shares took another hit after JPMorgan analyst Ryan Brinkman issued a bearish outlook yesterday, maintaining a Sell rating on TSLA stock with a $145 price target. That implies roughly 60% downside from current levels.
Tesla Bulls See Solid Upside
Despite the Q1 miss, Wedbush’s five-star-rated analyst Dan Ives kept his Buy rating on TSLA with a Street-high $600 price target, implying about 77% upside. He believes Tesla’s AI push and robotaxi plans could drive strong growth in 2026.
Likewise, Tigress Financial’s five-star-rated analyst Ivan Feinseth sees more than 62% upside, with a $550 price target. Feinseth highlights Tesla’s growth in areas like Full Self-Driving (FSD) subscriptions, robotaxis, and Optimus humanoid robots, calling it a “physical AI growth flywheel.” He believes these innovations will further strengthen Tesla’s already strong EV and energy business.
Meanwhile, Mizuho Securities’ top-rated analyst Vijay Rakesh has the third-highest price target on TSLA at $540. He views Tesla as a leader in physical AI, despite ongoing near-term headwinds in EV demand.
Is Tesla a Good Stock to Buy?
On Wall Street, analysts have maintained a neutral stance on Tesla stock. According to TipRanks, TSLA stock has received a Hold consensus rating, with 13 Buys, 11 Holds, and eight Sells assigned in the last three months.
