Tesla (NASDAQ: TSLA) Stock Price Prediction and Forecast 2026-2030 (Jan 15)

Core Insights - Tesla's share price experienced a 4% increase but subsequently lost that gain, with the stock still 38.6% higher than six months ago, outperforming the S&P 500 [1] - The company is transitioning its self-driving software to a monthly subscription model and is rumored to be entering the Estonian and Latvian markets [1] - Despite being only 10.8% higher than a year ago, Tesla has seen a remarkable 27,545% increase since its IPO in 2010 [2] Financial Performance - Tesla's revenues and net income have shown significant growth over the years, with projected revenues increasing from $133.94 billion in 2023 to $297.43 billion by 2030 [10][11] - The fiscal year 2023 shows revenues of $96.773 billion and a net income of $14.997 billion, with a projected stock price of $403.84 for 2024 [6][10] Key Drivers for Performance - Improved margins due to cost-cutting measures and the establishment of gigafactories in Shanghai and Berlin are expected to enhance sales and reduce export-related costs [7] - Research and development in full self-driving (FSD) technology and robotaxi initiatives position Tesla ahead of competitors like GM's Cruise and Alphabet's Waymo [8] - Diversification into energy storage and charging station networks has further distinguished Tesla from its EV peers, with plans for a new robot production line announced [9] Stock Forecast - Wall Street's consensus 12-month price target for Tesla is $411.15, with a year-end 2026 target of $461.73, indicating a potential upside of 5% in the next 12 months [10] - Projections for normalized EPS growth show an increase from $2.98 in 2026 to $11.24 in 2030, reflecting strong anticipated revenue growth [11]