Tesla Could Hit $2 Trillion Market Cap by Year's End Bolstered by Autonomous Vision, 'Solid' China Demand, Wedbush Says

MT Newswires Live01-23

Tesla (TSLA) could attain a market capitalization of $2 trillion by the end of 2025 as the stock is expected to gain from "a fast tracking of the autonomous future" under President Donald Trump's administration, Wedbush said Wednesday.

The electric vehicle manufacturer is also expected to benefit from "very solid Tesla delivery demand" in the core China market this year, the investment firm said.

The analysts said they have increased confidence that Trump's administration will be a "total game changer" for the company over the coming years.

Wedbush raised its price target to $550 from $515 and maintained an outperform rating on the stock, while also pointing out that Tesla "remains the most undervalued AI play in the market today."

Price: 421.52, Change: -2.55, Percent Change: -0.60

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