Truist Tesla · TSLA

Truist Maintains Hold on Tesla, $280 Price Target

Analyst: William Stein 1 min read Reproduced verbatim
Rating
Hold
Unchanged
Target
$280
Outcome
Reached
on April 2, 2025
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What the analyst said

Truist Securities analyst William Stein reiterated a Hold rating and $280 price target on Tesla (NASDAQ: TSLA).

“Despite likely imperfections, expect TSLA’s Robotaxi service introduction to be a catalyst for the stock.

After test driving TSLA’s FSD in January 2025 and August 2024 previously, we recently tested Waymo’s service, riding from the Phoenix airport to a hotel 24 miles away.

We found Waymo’s technology to be wonderful, but imperfect…materially.

Based on our experience with FSD, we expect TSLA’s Robotaxi service, scheduled to debut in June in Austin, will likewise be imperfect, but in different ways.

Still, we expect TSLA’s Robotaxi introduction, even at small scale, will be a positive catalyst for the stock.”

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 $344. The 17 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $442. This $280 target is 37% below the median.

Since the note TSLA has moved +1% (from $341). The 12-month window closed on May 23, 2026.

Track record

This call✓ Target reached on April 2, 2025, 0 days after the note. Same target as this firm’s April 2, 2025 note, so it is scored there.

Firm track recordTruist: 79% of its 28 targets at least a year old were reached within 12 months (#16 of 26 firms); on Tesla, 5 of 6. Accuracy ranking →

Truist on Tesla

Truist price targets on Tesla

8 calls from May 23, 2025 to April 23, 2026. The target went from $280 to $400 (+43%). The rating stayed Hold.

Truist targetTSLA share price
  1. April 23, 2026Kept the $400 targetHold$400
  2. April 2, 2026Target cut from $438 (−9%)Hold$400
  3. January 29, 2026Target cut from $444 (−1%)Hold$438
  4. December 19, 2025Target raised from $406 (+9%)Hold$444
  5. November 11, 2025Kept the $406 targetHold$406
  6. October 23, 2025Target raised from $280 (+45%)Hold$406
  7. July 24, 2025Kept the $280 targetHold$280
  8. May 23, 2025 This noteEarliest call shownHold$280
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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 Morgan StanleyHold Raised price target +2%, kept rating Oct 22 $410from $400
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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.