Core Viewpoint - Tesla, Inc. is being closely monitored by analysts as a significant player in the AI stock market, with Goldman Sachs maintaining a "Neutral" rating and raising the 12-month price target to $395 from $300, anticipating growth in earnings per share (EPS) driven by advancements in autonomy and robotics [1][2]. Group 1 - Goldman Sachs expects Tesla's EPS to expand significantly, potentially reaching around $20 per share, with a more conservative estimate of $7 to $9 per share in a middle-of-the-road scenario [3]. - The firm attributes anticipated better vehicle delivery volumes in the second half of the year to the recent launch of the Model Y L, improved consumer survey data, and the upcoming expiration of EV purchase credits under the Inflation Reduction Act [4]. - Tesla reported a second consecutive year-over-year decline in vehicle deliveries in the second quarter, but analysts believe the third and fourth quarters will outperform expectations [3][4]. Group 2 - The potential for Tesla to capture significant market share in humanoid robotics and autonomy could lead to an upside in the price target, although competition and execution risks remain [2]. - The automotive and clean energy company utilizes advanced artificial intelligence in its autonomous driving technology and robotics initiatives, positioning itself as a leader in these sectors [4].
Goldman Sachs: Tesla (TSLA) Deliveries Set to Improve in 2H 2025