Morgan Stanley Tesla · TSLA

Morgan Stanley Reiterates Overweight on Tesla, $430 Price Target

Analyst: Adam Jonas 1 min read Reproduced verbatim
Rating
Overweight
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).

“TSLA shares are down nearly 30% YTD on a clear buyers’ strike. We reinstate Tesla as our ‘Top Pick’ in US Autos with >50% upside to our $430 price target. Bull case $800.

TSLA FY25 deliveries could potentially decline YoY, creating an attractive entry point to our preferred embodied AI name.”

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 $358. The 17 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $442. This $430 target is 3% below the median.

Since the note TSLA has moved +22% (from $293). The 12-month window closed on March 3, 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: 82% of its 50 targets at least a year old were reached within 12 months (#8 of 26 firms); on Tesla, 4 of 5. Accuracy ranking →

Morgan Stanley on Tesla

Morgan Stanley price targets on Tesla

8 calls from April 23, 2026 to October 22, 2026. The target went from $415 to $410 (−1%). The rating stayed Hold.

Morgan Stanley targetTSLA share price
  1. October 22, 2026Target raised from $400 (+2%)Hold$410
  2. September 21, 2026Kept the $400 targetHold$400
  3. September 11, 2026Kept the $400 targetHold$400
  4. September 2, 2026Kept the $400 targetHold$400
  5. July 23, 2026Target cut from $417 (−4%)Hold$400
  6. July 14, 2026Target raised from $415 (0%)Hold$417
  7. July 6, 2026Kept the $415 targetHold$415
  8. April 23, 2026Earliest call shownHold$415
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Other analysts on Tesla

CantorBuy Kept rating and price target Oct 26 $485maintained BarclaysBuy Upgraded, raised price target +22% Oct 26 $450from $370 StoneXBuy Kept rating and price target Oct 22 $475maintained BNP ParibasHold Upgraded Oct 22 JP MorganHold Raised price target +4%, kept rating Oct 22 $430from $415
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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.