Tesla (TSLA) on Friday disclosed fourth quarter vehicle deliveries that missed forecasts while reporting a second-straight annual decline in deliveries. In the fourth quarter, Tesla's total vehicle deliveries totaled 418,227, a 15% drop from the 495,570 vehicles it delivered in the same period last year. The company's fourth quarter delivery total also fell short of Wall Street forecasts, which stood at just under 423,000 ahead of the release. Tesla stock was up about 1% following the release early Frid ...

Tesla, Inc. (NASDAQ:TSLA) is one of the Hot AI Stocks on Wall Street’s Radar. On December 9, Piper Sandler analyst Alexander Potter reiterated an “Overweight” rating on the stock with a $500 price target. Firm analysts remain optimistic on the stock, noting significant progress in Tesla’s Full Self Driving tech driving increased investor interest. Piper Sandler believes Tesla is “getting very close to unsupervised FSD.” This means that drivers may be able to use the system without monitoring or interventi ...

Morgan Stanley’s newest Tesla (TSLA) analyst downgraded the bank’s rating on the stock, a reversal from a prior bullish position. Andrew Percoco downgraded Tesla to Equal-weight from Overweight upon resuming coverage of Tesla after prior analyst Adam Jonas shifted to a different role at Morgan Stanley. Interestingly, Percoco upped the firm’s Tesla price target to $425 from $410 in the process. Percoco wrote that “high expectations” of Tesla’s AI ambitions led to a premium valuation, one that is fairly pr ...

December 7, 2025 10:30 PM GMT Tesla Inc | North America Beyond the Wheel – Mapping Tesla's Journey into Physical AI | What's Changed | | | | --- | --- | --- | | Tesla Inc (TSLA.O) | From | To | | Rating | Overweight | Equal-weight | | Price Target | $410.00 | $425.00 | Tesla under Elon Musk's leadership is poised to be a market leader across autonomous mobility, renewable energy, and robotics. However, with the stock trading at 30x 2030 EBITDA (48x on MSe), downside to NTM cons. estimates, and non-auto cata ...

Core Viewpoint - Tesla shares are experiencing a significant rebound despite previous challenges, with a notable increase of over 30% in September, marking its best performance for the month in history [3][4]. Group 1: Political Involvement and Market Reaction - Elon Musk's political involvement led to backlash, including protests and boycotts against Tesla, which negatively impacted the company's image and sales [2]. - Musk's decision to step back from politics has been positively received by investors, alleviating concerns about his focus on Tesla [4][12]. Group 2: Delivery and Production Expectations - Tesla is expected to report Q3 delivery numbers of approximately 448,000 units, a decrease from 462,890 units delivered in Q3 2024 [9]. - Production expectations for Q3 2025 are set at 470,000 vehicles, with a full-year delivery outlook of around 1.85 million vehicles [10]. Group 3: Factors Supporting Optimism - Anticipation of a 'pull forward' effect in Q3 deliveries due to the expiration of the $7,500 EV tax credit, prompting consumers to purchase before the incentive ends [11]. - The Model Y has been revamped and is expected to drive sales, alongside the growing momentum of Cybertruck production [14]. - China's economic recovery, with a GDP growth of 5%, is likely to boost Tesla's sales in the region, which accounts for about 22% of total revenue [15]. - Recent interest rate cuts are expected to lower monthly costs for potential buyers, further incentivizing purchases [16]. - Tariffs on foreign EVs are making Tesla's US-manufactured vehicles more attractive, enhancing its competitive position [17]. Group 4: Market Sentiment and Valuation - Betting markets predict Q3 Tesla deliveries to be around 505,000, exceeding Wall Street's consensus estimates [18]. - Tesla's stock has shown a historical pattern of significant price increases following periods of stagnation, suggesting potential for future growth [21]. - Despite a high price-to-earnings ratio of 207x, investors remain optimistic due to Tesla's innovative potential in various sectors, including humanoid robots and energy solutions [24].

Core Viewpoint - The article discusses Elon Musk's new pay package from Tesla, which is seen as potentially achievable due to its lenient benchmarks, despite being presented as a challenging performance-based compensation plan [3][4][5]. Group 1: Pay Package Details - Musk's current share ownership is 19.7%, but achieving all benchmarks could increase his stake by an additional 12% [1] - The pay package requires Musk to deliver 20 million vehicles, operate 1 million robotaxis, achieve 10 million active subscriptions for Full Self Driving (FSD), and increase EBITDA to $400 billion annually, along with a market value of $8.5 trillion by 2035 [11][12][18] - The benchmarks are criticized for being "watered-down" versions of Musk's previous promises, making them appear more daunting than they actually are [4][5] Group 2: Market Performance and Challenges - Tesla's automotive sales have been declining, and the company is losing market share to competitors, with the Cybertruck underperforming significantly [7] - Tesla's profits per share and revenue have not met investor expectations, with the share price down about 2% this year compared to a 12% gain in the S&P 500 [8] - Despite Musk's $1 billion purchase of Tesla shares post-pay deal announcement, the stock remains approximately 12.8% below its peak closing price from the previous year [8] Group 3: Board Dynamics and Independence - The Tesla board, which includes Musk's brother and personal friends, is criticized for lacking independence in approving the pay package [9][10] - The board's unanimous approval of the deal raises questions about whether it truly reflects the interests of Tesla shareholders [10] Group 4: Achievability of Goals - The goal of delivering 20 million vehicles includes approximately 8 million already delivered, suggesting that the remaining target is less challenging than it appears [13] - The definition of "robotaxi" is broad, allowing for flexibility in meeting the goal of 1 million operational vehicles [15] - The redefinition of FSD and the vague criteria for achieving subscription goals further complicate the assessment of whether these targets are genuinely ambitious [16][12]

Core Insights - Lucid Group, Inc. is forming strategic partnerships to enhance its EV technology offerings, including a significant collaboration with Uber and Nuro to develop a premium robotaxi service [1][3][9] Group 1: Partnership and Collaboration - Lucid has announced a collaboration with Uber and Nuro to create a next-generation premium robotaxi, leveraging Lucid Gravity's advanced software-defined vehicle architecture and Nuro's Level 4 autonomous driving system [1][3] - Uber will invest $300 million in Lucid, pending regulatory approval, and plans to deploy at least 20,000 Lucid Gravity vehicles equipped with Nuro's autonomy over six years in various global markets [3][9] - The partnership marks Lucid's entry into the multitrillion-dollar robotaxi market while the company continues to develop its own autonomous driving capabilities [3][4] Group 2: Technology and Features - Lucid's EV technology includes an AV-capable sensor suite, redundant steering and braking systems, and compact, high-power-density motors, which are essential for the success of robotaxi operations [2] - The secure, software-defined architecture of Lucid's vehicles supports third-party autonomy stacks, enhancing flexibility and integration [2] Group 3: Market Position and Performance - Lucid's stock has underperformed compared to the Zacks Automotive - Domestic industry, with a year-to-date loss of 22.5% against the industry's decline of 13.8% [7] - The company is currently trading at a forward price/sales ratio of 3.10, which is higher than the industry's ratio of 2.74, indicating a potentially overvalued position [10] Group 4: Earnings Estimates - The Zacks Consensus Estimate for Lucid's 2025 EPS has decreased by 4 cents in the past week, while the 2026 EPS estimate has dropped by a penny over the last 30 days [11]

Group 1: Tesla's Current Challenges - Tesla's sales have dropped significantly, with a 13.5% year-over-year decline in Q2, following a similar decline in Q1, and profits decreased by 70% in Q1 [2] - The company is facing challenges due to Elon Musk's political involvement and the loss of regulatory support previously enjoyed during the Trump Administration [2] - Increased competition from Chinese electric vehicles is making Tesla's offerings less appealing in global markets [2] Group 2: Competitive Landscape - Waymo's robotaxi service is conducting over 1 million fully autonomous, paid rides each month, significantly surpassing Tesla's robotaxi efforts [3] - Despite Tesla's shortcomings, it remains valued at nearly $1 trillion, more than the combined market capitalizations of the next 10 automakers, raising questions about the basis for this valuation [3] Group 3: Valuation Insights - Tesla's estimated earnings for FY'26 are around $2.90 per share, and applying a generous valuation multiple of 30x would suggest a stock price of under $100, indicating a market cap of roughly $300 billion based solely on automotive earnings [4] - The discrepancy in valuation suggests that investors believe Tesla is ahead in autonomous driving, robotics, and broader AI applications [4] Group 4: Full Self-Driving and Robotics Potential - Tesla's vehicles come with Full Self Driving (FSD) hardware pre-installed, starting at under $50,000, providing a significant cost advantage over competitors like Waymo [5] - The potential for a dedicated robotaxi priced below $30,000 and the estimated $750 billion market for autonomous ride-hailing could enhance Tesla's distribution edge [5] Group 5: Future Initiatives - The Optimus robot initiative aims to produce millions of robots annually by 2030, targeting a price of $20,000 or less, which could become a major product category for Tesla [6] - Tesla's advanced manufacturing capabilities and high levels of automation position it well to achieve ambitious projects in robotics and AI [6] Group 6: Leadership Impact - Elon Musk's renewed focus on Tesla is expected to aid the company in pursuing long-term objectives more vigorously, instilling confidence in investors regarding the company's future [7]