Wedbush Maintains Outperform on Tesla, $550 Price Target
- Rating
- Outperform
- Unchanged
- Target
- $550
- Outcome
- Missed
- within 12 months

What the analyst said
Wedbush analyst Daniel Ives reiterated an Outperform rating and $550 price target on Tesla (NASDAQ: TSLA).
“Autonomous remains the biggest transformation to the auto industry in modern-day history and in our view, Tesla will own the autonomous market in the US and globally with the launch of unsupervised FSD in Austin kicking off the autonomous era at Tesla that we value at $1 trillion alone on a sum-of-the-parts valuation….BUT…Musk needs to stop this political firestorm and balance being CEO of Tesla with DOGE.
The future is so bright but this is a full blown crisis Tesla is navigating now and its primarily self-inflected.
We remain firmly bullish on the long-term Tesla story but Musk needs to get his act together or else unfortunately darker times are ahead for Tesla.”
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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 $550 target is 24% above the median, the highest on the Street.
Since the note TSLA has moved +33% (from $268). The 12-month window closed on April 2, 2026.
Track record
This call✗ Not reached within 12 months: a year after the note TSLA closed at $361, 34% below the $550 target, but it moved the way the analyst expected.
Firm track recordWedbush: 65% of its 23 targets at least a year old were reached within 12 months (#20 of 26 firms); on Tesla, 2 of 8. Accuracy ranking →
Wedbush on Tesla
Wedbush price targets on Tesla
8 calls from September 5, 2025 to April 2, 2026. The target went from $500 to $600 (+20%). The rating stayed Buy.
- April 2, 2026Kept the $600 targetBuy$600
- January 2, 2026Kept the $600 targetBuy$600
- December 15, 2025Kept the $600 targetBuy$600
- October 23, 2025Kept the $600 targetBuy$600
- October 20, 2025Kept the $600 targetBuy$600
- October 7, 2025Kept the $600 targetBuy$600
- September 26, 2025Target raised from $500 (+20%)Buy$600
- September 5, 2025Earliest call shownBuy$500




