Tesla’s Latest Delivery Miss Sparks Controversy in Analyst Community
The recent shortfall in Tesla Inc.’s fourth-quarter deliveries has ignited a heated debate among analysts regarding the company’s autonomous driving capabilities and robotaxi ambitions. The disagreement centers around Tesla’s outlook for 2025, with contrasting views on its future prospects.
Analyst Perspectives on Tesla’s Autonomous Driving and Robotaxi Ventures
Chief Market Strategist at Wellington-Altus, James Thorne, remains optimistic about Tesla’s long-term potential despite the delivery miss. Thorne firmly believes in Tesla’s robotaxi and autonomy endeavors, projecting a $2 trillion valuation for the company by 2025. On the contrary, GLJ Research CEO Gordon Johnson expressed skepticism about Tesla’s Optimus robot, criticizing it as outdated technology akin to that found in 1980s Chuck E. Cheese establishments.
Market Projections and Potential Catalysts for Tesla
Gary Black of The Future Fund LLC outlined various catalysts that could propel Tesla forward, including the anticipated launch of a new $25,000-$30,000 vehicle in early 2025. Black envisions Tesla achieving 8.1 million vehicle sales by 2030 with an 18% global EV market share but warns of risks such as the elimination of EV tax credits impacting sales figures.
Tesla’s Performance Metrics and Investor Sentiment
Despite falling short of analyst expectations with 495,570 deliveries in Q4 and experiencing its first annual sales decline, Tesla maintained a significant gain for 2024 until shares dropped post-announcement. The stock price fluctuated between $138.80 and $488.54 throughout the year.
Challenges Surrounding Full Self-Driving Technology
Tesla faces increasing scrutiny over its Full Self-Driving (FSD) technology following concerns raised by analysts like William Stein from Truist about certain behaviors exhibited during testing. Gene Munster from Deepwater Asset Management emphasizes the pivotal role that 2025 will play in shaping Tesla’s growth trajectory.
The Road Ahead for Tesla Shares
Following the delivery miss news, Tesla shares experienced a decline before rebounding slightly in after-hours trading. Analyst consensus projects varied price targets ranging from $24.86 to $515 per share with differing opinions on potential upside within speculative ranges.
As debates on autonomy technology intensify and market projections evolve, it is evident that investors are closely monitoring every development related to Tesla’s future strategies and performance metrics.
Leave feedback about this