Barclays Lowers Tesla Price Target to $275
- Rating
- Hold
- Price target
- $275
- from $325
- Implied upside
- +14%
- vs $241.55 prior close

Barclays analyst Dan Levy lowered the price target on Tesla (NASDAQ: TSLA) to $275 (from $325) while maintaining an Equalweight rating.
“Key takes: 1. Confusing set-up on 1Q with weak fundamentals, but could see positive reaction on better narrative (more engaged Elon, FSD event); 2.
Expecting trough gross margin driven by volume decline, production inefficiencies; 3. Question ahead on volume – we now expect ’25 volume decline.”
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Tracking this call
Since this note+55% TSLA $241.55 → $375 (Oct 9) · target reached
This call✓ Target reached on Apr 25, 2025, 8 days after the note.
Firm track recordBarclays: 80% of its 15 targets at least a year old were reached within 12 months (#11 of 20 firms); on Tesla, 3 of 3. Accuracy ranking →



