Tesla(US:TSLA) Youtube·2025-12-23 16:08Core Viewpoint - Tesla's stock has seen significant gains, rising over 20% in 2025 and more than 125% from its April lows, reaching an all-time high recently [1][2]. Stock Performance - Despite a slight decline of about 2% in early trading, the overall sentiment remains optimistic [2]. - Tesla's stock closed at approximately $488.73, just below its all-time high of $498.88, which was reached during midday trading [3]. Analyst Ratings and Price Targets - UBS has reiterated a sell rating on Tesla, while Canaccord has raised its price target to $551, indicating potential upside from the current levels [2][4]. - Canaccord maintains a buy rating on Tesla shares despite reducing the fourth-quarter delivery outlook by about 50,000 vehicles due to anticipated demand deterioration [5][4]. Market Dynamics - The end of U.S. electric vehicle subsidies is expected to be a near-term drag but may lead to a healthier market in the long run [6]. - Tesla is noted for having a uniquely scaled integrated EV franchise in the U.S. market [6]. Emerging Markets and Innovations - EV adoption is reportedly rising in emerging markets such as Thailand, Vietnam, and Brazil, which could benefit Tesla [7]. - Tesla's robo-taxi service is progressing, with tests being conducted in Austin without a safety driver [7]. Sales Projections - Tesla is projected to sell fewer than 1.7 million cars in 2025, marking a second consecutive annual decline [8]. - The company has experienced a 25% increase in stock price over the past month, reflecting strong market performance [7].