Guggenheim Reiterates Sell on Tesla, $175 Price Target

Analyst: Ronald Jewsikow 1 min read Reproduced verbatim
Rating
Sell
Unchanged
Target
$175
Outcome
Missed
within 12 months
Guggenheim and Tesla logos

What the analyst said

Guggenheim analyst Ronald Jewsikow reiterated a Sell rating and $175 price target on Tesla (NASDAQ: TSLA)

“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 potentially 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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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 $175 target is 60% below the median.

Since the note TSLA has moved +1% (from $339). The 12-month window closed on August 12, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note TSLA closed at $328, 87% above the $175 target, but it moved the way the analyst expected.

Firm track recordGuggenheim: 29% of its 7 targets at least a year old were reached within 12 months; on Tesla, 0 of 2. Accuracy ranking →

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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.