Tesla Stock Up 1.1% as Wall Street Firms Raise Outlook
Tesla stock is climbing fast and has had its outlook upgraded as a result of its excellent performance.
Quick overview
- Tesla's stock has risen by $100 this month, marking a 28% increase over the past 19 days.
- Wall Street firms have upgraded their outlook on Tesla, with Baird setting a price target of $548 and Goldman Sachs at $395.
- CEO Elon Musk has returned to Tesla and purchased 2.5 million shares, boosting investor confidence.
- The company is focusing on innovations like humanoid robots and an expanded robotic taxi service, while EV tax credits are set to expire soon.
Tesla (TSLA) stock has been bullish recently, with the electric car manufacturer’s value rising by $100 since the beginning of the month, and several Wall Street firms have increased their outlook.
In the past 19 days, Tesla’s stock price has increased by 28%, which is a huge improvement from how their stock has moved throughout much of 2025. With this bullish shift, the automaker has received an upgraded outlook from Wall Street firms, with Baird recommending that investors buy this stock. They have set a price target of $548 for the company.
Goldman Sachs got in on the action as well as upgraded the price target to a more conservative $395. They anticipate that the company will deliver around 455,000 vehicles in their third fiscal quarter, as the company’s sales numbers have improved recently from their early 2025 doldrums.
Why Tesla May Be Worth Investing in Now
Tesla’s CEO Elon Musk is back on board at the company in a big way. After months of being absent to serve President Donald Trump at the Department of Government Efficiency, Musk is now fully back and invested at Tesla.
His return has been marked by an uptick in stock value, and Musk has added to that surge by purchasing 2.5 million shares of the company’s stock. His great confidence in the brand and its stock potential has inspired investors to jump on board and help push the stock even higher.
But what do investors have to look forward to that will mean their stock purchases will be worth anything in a few months? The company is preparing Optimus humanoid robots as well as expanding its robotic taxi service. They are investing in AI tools to give their products greater self-operating capabilities as well.
Musk has talked about his big plans for the company, but investors will have to wait and see if those come to fruition and if they pay off for Tesla. For now, the clock is ticking on EV tax credits, which are expiring on September 30th.
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