Tesla(US:TSLA) Benzinga·2025-12-22 07:37Core Viewpoint - Concerns have been raised regarding Tesla's ability to report a GAAP profit in the future, with some investors suggesting it may never achieve this again [2]. Sales Performance - Tesla has experienced a significant decline in sales globally, with a 23% drop in U.S. sales during November, despite holding over 56% market share in the EV sector, indicating a potential broader pullback in EV demand [3]. - In Europe, Tesla's sales also fell sharply, with a 48.5% year-over-year decrease in new registrations in October, dropping from 13,519 units in October 2024 to 6,964 units [4]. Investor Sentiment - Dan Ives from Wedbush Securities maintains a bullish outlook on Tesla, setting a price target of $800, which represents an upside of over 65% from the current share price of $481.20 [5]. Competitive Landscape - Rivian Automotive is positioning itself as a competitor to Tesla by offering more affordable autonomous driving features, priced at $49.99 per month or a flat fee of $2,500, compared to Tesla's $99 per month or $8,000 one-time fee [6]. - Rivian's CEO has indicated potential plans to enter the Robotaxi market, while Tesla has registered over 1,500 vehicles for its California ride-hailing fleet and is conducting driverless testing in Austin [7]. Corporate Developments - The Delaware Supreme Court has reversed a previous judgment, restoring Elon Musk's $56 billion pay package from 2018, which could increase his ownership stake in Tesla from approximately 12.4% to about 18.1% of the expanded share base [8]. Stock Performance - Tesla scores well on the Momentum metric and shows satisfactory Growth and Quality, but has poor Value ratings. The stock has a favorable price trend in the short, medium, and long term [9].