Tesla shares climbed higher this week as the electric vehicle maker’s stock continues an extraordinary September surge that’s erased earlier losses from 2025. The stock now trades at $443.21, up nearly 30% over the past month and back in positive territory for the year.
The company’s shares showed choppy performance during the first half of 2025 before catching fire in recent weeks. Out of the last 30 trading sessions, Tesla posted gains on 15 days, representing 50% positive performance. Trading momentum has strengthened as investors focus on upcoming autonomy software updates and renewed analyst optimism.
Wedbush analyst Dan Ives recently raised his price target to $600 from $500, marking the highest valuation on Wall Street. This target suggests 36% upside potential from current levels. Ives maintains an outperform rating while emphasizing Tesla’s accelerated timeline for AI and autonomous vehicle development.
However, the broader Wall Street consensus tells a different story, with the median one-year price target sitting at just $327.90.
Technical indicators paint a bullish scenario for the stock. The 50-day moving average stands at $351.96, while the 200-day average sits at $334.13, both well below current prices. The 14-day Relative Strength Index measures 59.93, indicating momentum without overbought conditions. Current volatility registers at 11.38%, showing moderate price swings.
Tesla’s growth story increasingly focuses on AI and robotics rather than traditional car manufacturing. The company plans to launch robotaxis in Austin by June 2026, with its Optimus humanoid robot commercialization expected around the same timeframe. These developments have generated significant investor interest and market buzz.
Wedbush floats ambitious targets, suggesting Tesla could reach a $2 trillion market cap by early 2026 and potentially $3 trillion by year-end 2026. Near-term forecasts show the stock reaching $541 in October, $597 in November, and $601 in December. Long-term projections suggest Tesla could hit $1,000 by December 2036, representing a potential 237.97% gain from earlier forecast baseline levels.
Among 64 analysts covering the stock, consensus rates it a “Hold.” The breakdown shows 23% recommend strong buy, 28% suggest buy, 27% maintain hold, 8% advise sell, and 14% predict strong sell. Wall Street remains focused on Q3 delivery reports as Tesla faces estimates ranging from 447,000 to 495,000 vehicles.