Wedbush Raises Tesla Price Target to $550

January 22, 2025 Analyst: Daniel Ives 1 min read Reproduced verbatim
Rating
Buy
Target
$550
from $515 (+7%)
Outcome
Missed
within 12 months
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What the analyst said

Wedbush analyst Daniel Ives raised the price target on Tesla (NASDAQ: TSLA) to $550 (from $515) while maintaining an Outperform rating.

“We are raising our price target on Tesla from $515 to $550 as we have growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration.

Our time spent speaking to many in the Beltway the last few weeks give us a growing confidence the Trump White House the next 4 years will be a “total game changer” for the autonomous and AI story for Tesla and Musk over the coming years.

Our bull case remains $650 for 2025. We maintain our OUTPERFORM.”

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This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

TSLA trades at $355. The 19 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $450. This $550 target is 22% above the median, the highest on the Street.

Since the note TSLA has moved −16% (from $424). The 12-month window closed on January 22, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note TSLA closed at $449, 18% below the $550 target, but it moved the way the analyst expected.

Firm track recordWedbush: 25% of its 8 targets at least a year old were reached within 12 months (#28 of 28 firms); on Tesla, 2 of 8. Accuracy ranking →

Wedbush on Tesla

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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.