Tesla, the famous electric car company from Austin, Texas, is known for its sleek EVs, solar products, and energy storage solutions. With a massive market value of $940.6 billion, it sells top models like the Model S, Model X, and Model Y, along with solar panels and home battery systems. In the last year, Tesla stock shot up by 54%, beating the S&P 500 Index ($SPX), which rose just 10.6%. But in 2025, the story has flipped. Tesla’s stock is down 30.1% year-to-date, while the broader market has dropped only 5.3%.

Compared to the Global X Autonomous & Electric Vehicles ETF (DRIV), Tesla looked strong in the past 12 months DRIV fell 10.8%. But this year, DRIV’s 9.6% dip is still smaller than Tesla’s bigger loss.

What’s Driving Tesla’s Future?

Investors are watching two major developments closely: Tesla’s upcoming robotaxi service in Austin and the introduction of Optimus humanoid robots. These projects will take time to grow, but they offer long-term potential.

Tesla also plans to launch cheaper EV models and start mass production of the Cybercab in 2026. If trade tensions ease (especially tariffs), it could give TSLA another lift. On top of that, Elon Musk is refocusing on the core business aiming to increase deliveries and compete on pricing with other EV makers.

Earnings Snapshot

Tesla announced its Q1 2025 results on April 22, and despite weak numbers, the stock jumped over 25% in just six trading days.

  • Revenue: $19.3 billion (down 9.2% YoY)
  • Adjusted EPS: $0.27 (a 40% YoY drop)

Analysts expect the full-year EPS to fall 30.4% to $1.42. Tesla’s earnings have been unpredictable; it beat expectations in two of the last four quarters, and missed them in the other two.

What Are Analysts Saying?

Out of 41 Wall Street analysts:

  • 16 say Strong Buy
  • 2 say Moderate Buy
  • 13 recommend Hold
  • 10 rate it as Strong Sell

Overall, the consensus is Hold  a neutral stance. That’s less bullish than a month ago, when three analysts still rated it a Moderate Buy.

On April 24, Argus analyst William Selesky maintained a Buy rating but cut the price target to $410, which still points to a potential gain of 45.3% from current levels. Currently, the average price target stands at $283.14, which is just slightly above the current stock price. The highest estimate, though, is $465, showing a possible upside of 64.8% if Tesla can deliver.