Wedbush Reaffirms $600 Price Target on Tesla

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.”

This research note is reproduced verbatim from the issuing firm.

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