Guggenheim Reiterates Sell Rating on Tesla

Guggenheim analyst Ronald Jewsikow reiterated on August 12, 2025, a ‘Sell’ rating and $175 price target on Tesla.

“CEO Elon Musk in a series of posts over the weekend on X detailed important updates around both the Robotaxi operations in Austin as well as the upcoming FSD model (now confirmed as v14) with 10x parameters.

On the Robotaxi operations in Austin, CEO Musk indicated it would be open to the public next month, which we believe is earlier than investor expectations and a sign of confidence in the service and feedback from the invite-only riders to date.

We believe the expanded FSD model has positive implications for bulls focused on the potential for TSLAs fleet eventually becoming Robotaxis (positive read on inference compute), and the opening of the Austin Robotaxi experience to the public is a key step on the growth path of inviting a poten tially more critical set of consumers.

While safety drivers will remain, and no timeline has been provided for their removal, bulls have been willing to overlook the optics of safety drivers in TSLA vehicles, and we see no reason why that would change now.”

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