Wedbush Reiterates $600 Price Target on Tesla

1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$600
Upside
+67%
TSLA at $358 today
Wedbush and Tesla logos

What the analyst said

Wedbush analyst Daniel Ives reiterated on December 15, 2025, Tesla’s $600 price target and ‘Outperform’ rating.

“Heading into 2026 this marks a monster year ahead for Tesla and Musk as the autonomous and robotics chapter begins.

We believe the Street is at a crossroads with Tesla as the bulls and bear debate how quickly the Robotaxi era will take shape over the coming year after a successful Austin launch over the past few months.

In our view we expect an accelerated Robotaxi launch across the US with importantly volume production of Cybercabs starting in the April/May timeframe.

In a nutshell, we believe Tesla is taking major steps in advancing its AI Revolution path with autonomous and robotics front and center heading into 2026 that will be a “game changer and define Tesla’s future”.

We maintain our OUTPERFORM rating and $600 price target.”

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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 $358. The 17 analysts who set a target in the last 3 months range from $24.86 to $500, with a median of $442. This $600 target is 36% above the median, the highest on the Street.

Since the note TSLA has moved −22% (from $459). 12-month window: day 327 of 365, closes on December 15, 2026.

Track record

This callOpen: TSLA has not reached $600 yet. This 12-month target is scored on December 15, 2026.

Firm track recordWedbush: 65% of its 23 targets at least a year old were reached within 12 months (#20 of 26 firms); on Tesla, 2 of 8. Accuracy ranking →

Wedbush on Tesla

Wedbush price targets on Tesla

8 calls from September 5, 2025 to April 2, 2026. The target went from $500 to $600 (+20%). The rating stayed Buy.

Wedbush targetTSLA share price
  1. April 2, 2026Kept the $600 targetBuy$600
  2. January 2, 2026Kept the $600 targetBuy$600
  3. December 15, 2025 This noteKept the $600 targetBuy$600
  4. October 23, 2025Kept the $600 targetBuy$600
  5. October 20, 2025Kept the $600 targetBuy$600
  6. October 7, 2025Kept the $600 targetBuy$600
  7. September 26, 2025Target raised from $500 (+20%)Buy$600
  8. September 5, 2025Earliest call shownBuy$500
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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.