Wells Fargo Tesla · TSLA

Wells Fargo Raises Tesla Price Target to $135

Jan 30, 2025 Analyst: Colin Langan 1 min read Reproduced verbatim
Rating
Sell
Price target
$135
from $125
Implied downside
-65%
vs $389.10 prior close
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Wells Fargo analyst Colin Langan raised the price target on Tesla (NASDAQ: TSLA) to $135 (from $125) while maintaining an Underweight rating.

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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

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.

Tracking this call

Since this note−4% TSLA $389.10 → $375 (Oct 9) · 6% of the way to the target

This call✗ Not reached within 12 months: a year after the note TSLA closed at $430, 219% above the $135 target, and it moved the other way.

Firm track recordWells Fargo: 46% of its 13 targets at least a year old were reached within 12 months (#19 of 20 firms); on Tesla, 0 of 4. Accuracy ranking →

Wells Fargo on Tesla · target history
Jan 30, 2025 · $135 · Sell · this note Mar 14, 2025 · $130 · Sell Apr 1, 2025 · $130 · Sell Apr 23, 2025 · $120 · Sell Jun 9, 2025 · $120 · Sell Jul 10, 2025 · $120 · Sell Oct 23, 2025 · $120 · Sell Jul 14, 2026 · $130 · Sell
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Other Tesla notes

Yorkville IvesBuy Initiated coverage · Oct 7 $500 UBSHold Raised price target +2%, kept rating · Oct 7 $391from $385 Goldman SachsHold Kept rating and price target · Oct 6 $360maintained UBSHold Kept rating and price target · Oct 5 $385maintained TruistHold Kept rating and price target · Oct 5 $370maintained
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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.