The Tesla share has significantly lost value in recent months. An analyst from Wells Fargo believes that the end of the descent has not yet been reached.

• Tesla share recently under pressure
• Wells Fargo analyst sees further downward potential
• Tesla-Bulle reduces the course target drastically

For the shares of the US electric car manufacturer Tesla, the new year went down after they were still able to grow strongly at the end of last year – especially after Donald Trump’s US presidential election won. Since the beginning of the year, the shareholders have lost around 32.60 percent in value and still cost $ 272.20 (as of April 9, 2025).

Wells Fargo expects a decline in Tesla share

At Wells Fargo, one believes that the Tesla share should fall even further. Wells Fargo’s price target for the share certificate is $ 130 and thus 52 percent below the current level. According to Gurufocus, analyst Colin Langan pointed out that sales of electric vehicles in the USA and Europe slowed down while competition in China is increasing. He also warned that the expected reduction in the tax credit for electric cars could hit Tesla tough this year. In addition, at the US Großbank, one is unsure about Tesla’s plans for the cybercab in Austin. Langan also criticized the technology behind the autonomous vehicles. According to him, it is questionable that the group has so far dispensed with test runs without human monitoring and that only focuses on visual systems when it comes to vehicle control. In his opinion, it could also be accepted as a disappointment if Tesla should not present a functional robotaxi service in the coming months. The analyst is also cautious about operational business: it expects the deliveries more slowly and sees price reductions as a possible burden on the profit development of the muscle group.

Tesla-Bulle reduces the course target drastically

At the beginning of this week, the well-known analyst and Tesla-Bulle Dan Ives von Wedbus drastically reduced its price for the Tesla share-from $ 550 to $ 315. The new price target of $ 315 still offers an upward potential of around 15.7 percent compared to the last closing price and Ives retained its “outperform” rating, but IVES still trusts the proportions much less than before.

Further analytical votes

Meanwhile, the RBC left its classification for Tesla to “outperform” according to the latest delivery figures – the price target also remained unchanged at $ 320. According to Analyst Tom Narayan, the US electric car maker delivered significantly fewer vehicles than expected in the first quarter, in view of the headwind, has not been surprising in recent months.

Deutsche Bank Research left the classification for Tesla on “Buy” and the price goal unchanged at $ 345. Analyst Edison Yu wrote that the number of Q1 deliveries was on the market under his estimate and even more clearly under the consensus forecast. He expected Tesla to perform in Europe with a weak performance, but now it seems worse than expected on the home market, says Yu.

UBS remained with its “Sell” rating and a price target of $ 225 for the Tesla share. Analyst Joseph Spak said that deliveries had failed in the first quarter and now sees correction needs for this year – as well as probably for the next few years.

Meanwhile, JPmorgan left the classification for Tesla on “Underweight” with a price target of $ 120. After delivering the lowest level in three years in the first quarter, analyst Ryan Brinkman shortened his estimates and underpinned the negative recommendation.

Analysts split

In the meantime, a mixed picture is shown in Tipranks. In the past three months, 38 Wall Street analysts have issued a 12-month course goal for Tesla. While 16 analysts recommend the share to buy, eleven advise to keep the stock and eleven analysts would sell the paper. The average price target is around 13 percent above the current level at $ 307.75. The highest price target is $ 465.00 and the lowest $ 120.00.

Editor finance.net

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