Morgan Stanley Tesla · TSLA

Morgan Stanley Maintains Overweight on Tesla, $430 Price Target

January 30, 2025 Analyst: Adam Jonas 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$430
Outcome
Reached
on September 22, 2025
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What the analyst said

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $430 price target on Tesla (NASDAQ: TSLA).

“Tesla’s 4Q results are emblematic of a company in the transition from an automotive ‘pure play’ to a highly diversified play on AI and robotics.

As AI moves from the digital world (bits and bytes) to the physical world (atoms and photons) we expect to see TSLA’s TAM aperture further expand to broader domains, many of which are still not included in buy-side or sell-side financial models for the company.

While the journey may be volatile and non-linear, we believe 2025 will be a year where investors will continue to appreciate and value these existing and nascent industries of embodied AI where we believe Tesla has established a material competitive advantage.”

Disclaimer
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.

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 $430 target is 4% below the median.

Since the note TSLA has moved −9% (from $389). The 12-month window closed on January 30, 2026.

Track record

This call✓ Target reached on September 22, 2025, 8 months after the note. Same target as this firm’s January 13, 2025 note, so it is scored there.

Firm track recordMorgan Stanley: 89% of its 27 targets at least a year old were reached within 12 months (#7 of 28 firms); on Tesla, 4 of 4. Accuracy ranking →

Morgan Stanley on Tesla

Morgan Stanley price targets on Tesla

8 calls from April 20, 2026 to September 21, 2026. The target went from $415 to $400 (−4%). The rating stayed Hold.

Morgan Stanley targetTSLA share price
  1. September 21, 2026Kept the $400 targetHold$400
  2. September 11, 2026Kept the $400 targetHold$400
  3. September 2, 2026Kept the $400 targetHold$400
  4. July 23, 2026Target cut from $417 (−4%)Hold$400
  5. July 14, 2026Target raised from $415 (0%)Hold$417
  6. July 6, 2026Kept the $415 targetHold$415
  7. April 23, 2026Kept the $415 targetHold$415
  8. April 20, 2026Earliest call shownHold$415
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Other analysts on Tesla

JP MorganHold Kept rating and price target · Oct 16 $415maintained Yorkville IvesBuy Kept rating and price target · Oct 12 $500maintained 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
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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.