Only short -term setback? – Analyst expects the Tesla share comeback

• Political activities of Elon Musk burden Tesla share
• Mickey Legg considers the price setback to be an overreaction
• The benchmark analyst sees considerable relaxation potential

Since the beginning of the year, the Tesla share has lost around 40 percent of its value and has now only noted at $ 241.55 (as of April 16, 2025). The “antagonistic” behavior of Tesla boss Elon Musk is likely to be a cause of the significant price loss.

Elon Musk harms Tesla image

At Tesla there is an extremely close connection between the brand and the CEO, but it has recently produced plenty of negative headlines that presumably locate it into the right corner. In addition, Elon Musk, who supported Donald Trump during his presidential election campaign, was responsible for the Republican with the special advice of the newly created Department of Government Efficiency (Doge), an authority that is intended to optimize and reduce the efficiency of the US government.

In this function, Musk has now initiated a job clearing across the US authorities, which makes the billionaire becoming increasingly unpopular. This is even reflected in protests and boycott calls against Tesla. The consequences are already clearly recognizable: the deliveries of Tesla fell by around 13 percent in the first quarter of the year. The US electric car manufacturer delivered 336,681 vehicles – and thus expected significantly less than from analysts.

Benchmark analyst remains optimistic of Tesla

However, not all Tesla bulls can be discouraged. According to “Tipranks”, Mickey Legg has also reduced its price for the Tesla share from originally 475 to just $ 350, but this is still significantly higher than the current price level. Furthermore, the benchmark analyst continues to classify the title listed on the Nasdaq with “Buy” and also included Tesla in the list of benchmark best ideas.

“We believe that the recent decline in stocks and the decline in sales are significant, but in view of the short -term problems that affect the company and the numerous options that are available in the future are exaggerated,” Legg is quoted. The analyst argues that in addition to the “political setbacks” there are also other more harmless explanations for the weakness at Tesla. In his opinion, this includes growing global competition, an aging vehicle range, waiting for new products, regulatory uncertainties and new tariffs.

Tesla share with a considerable relaxation potential

“In our view, there is considerable potential for recovery in the share,” says LegG optimistic. In the second quarter, Tesla launched a new model on the market, which could lead to better sales again. In addition, the start of the robotaxi service associated with high hopes, which is planned for June in Austin.

Furthermore, according to Elon Musk, Rumors will soon no longer play such a prominent role in the new US government. Therefore, LEGG expects that the negative effects due to Musk’s political engagement will decrease over the course of the year.

In the long run, the analyst sees strong positive catalysts: Legg assesses Tesla’s Optimus robot project as a possible “game-changer”, since it could mark the change of the US group from an automotive manufacturer to a “comprehensive automation provider”. Finally, LEGG points out that Tesla focuses on its production in North America and is therefore less hard hit by Trump’s tariffs than classic US auto manufacturers, which are more dependent on components from different countries. “In the long term, we believe that autonomy and robotics will promote corporate growth and lead to an increase in value of the share,” is the analyst’s conclusion.

Editor finance.net

Selected leverage products on Tesla

With knock-outs, speculative investors can participate disproportionately in price movements. Simply choose the desired lever and we will show you suitable open-end products on Tesla

The lever must be between 2 and 20

Advertising