StoneX Maintains Buy on Tesla, $475 Price Target

StoneX analyst Mickey Legg reiterated a Buy rating and $475 price target on Tesla (NASDAQ: TSLA).

“Tesla secured $30 billion of senior unsecured credit facilities on 9/29, comprising a $20 billion three-year delayed-draw term loan, an $8 billion five-year revolver and a $2 billion 364-day revolver.

Citi serves as administrative agent on the term loan and Wells Fargo on both revolvers.

The package replaces an undrawn $5 billion facility, increasing committed borrowing capacity by $25 billion without equity dilution.

All three facilities remain undrawn, and TSLA currently anticipates no borrowings under them in 2026. We view the transaction as proactive funding preparation for its expanding investment program.

Maintain Buy & $475 Price Target.”

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