Wedbush Tesla · TSLA

Wedbush Affirms Outperform on Tesla, $500 Price Target

September 5, 2025 Analyst: Daniel Ives 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$500
Outcome
Missed
within 12 months
Wedbush and Tesla logos

What the analyst said

Wedbush analyst Daniel Ives reiterated an Outperform rating and $500 price target on Tesla (NASDAQ: TSLA).

“Majority of these incentives were mostly included in our 3 step list mentioned in early July where the Board of Directors had to step in to ensure Musk would commit to Tesla through 2030.

With the groundwork now in place for Musk to accelerate its current path and capitalize on the opportunities ahead, this represents a critical next step to keep Musk as CEO at least until 2030 with Tesla is heading into one of the most important stages of its growth cycle with the autonomous and robotics future now on the doorstep.”

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 $355. The 19 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $450. This $500 target is 11% above the median, the highest on the Street.

Since the note TSLA has moved +5% (from $339). The 12-month window closed on September 5, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note TSLA closed at $374, 25% below the $500 target, but it moved the way the analyst expected. Same target as this firm’s July 22, 2025 note, so it is scored there.

Firm track recordWedbush: 25% of its 8 targets at least a year old were reached within 12 months (#28 of 28 firms); on Tesla, 2 of 8. Accuracy ranking →

Wedbush on Tesla

Wedbush price targets on Tesla

8 calls from April 23, 2025 to October 7, 2025. The target went from $350 to $600 (+71%). The rating stayed Buy.

Wedbush targetTSLA share price
  1. October 7, 2025Kept the $600 targetBuy$600
  2. September 26, 2025Target raised from $500 (+20%)Buy$600
  3. September 5, 2025 This noteKept the $500 targetBuy$500
  4. August 4, 2025Kept the $500 targetBuy$500
  5. July 22, 2025Kept the $500 targetBuy$500
  6. July 1, 2025Kept the $500 targetBuy$500
  7. May 23, 2025Target raised from $350 (+43%)Buy$500
  8. April 23, 2025Earliest call shownBuy$350
Share

Other analysts on Tesla

JP MorganHold Kept rating and price target · Oct 16 $415maintained Yorkville IvesBuy Kept rating and price target · Oct 12 $500maintained Yorkville IvesBuy Initiated coverage · Oct 7 $500 UBSHold Raised price target +2%, kept rating · Oct 7 $391from $385 Goldman SachsHold Kept rating and price target · Oct 6 $360maintained
Share on
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.