Tesla’s (TSLA) innovation machine is still running at full speed. According to Wedbush analyst Daniel Ives, the Electric Vehicle company is “on the brink of a major technological and innovation cycle,” which is why he’s maintaining a Buy rating on the stock. Ives believes Tesla’s AI and robotics advancements—particularly in Full Self-Driving (FSD) and humanoid robots—could position it as a dominant force in multiple industries. He also expects a new, more affordable Tesla model to drive global demand and fuel the company’s next growth phase.
Mixed Analyst Sentiment Sparks Debate
Despite the bullish case, not all analysts are convinced. UBS analyst Joseph Spak and Erste Group’s Hans Engel both reiterated Sell ratings, citing valuation concerns and increased competition. Spak set a $225 price target, a sharp contrast to Ives’ outlook.
Adding to concerns, corporate insider sentiment remains negative, with Tesla executives—including Elon Musk’s brother, Kimbal Musk—selling shares. Using the TipRanks Insider Trading tool, we can see that corporate insiders placed informative sells of shares worth $27.6 million in the last three months.
Full Self-Driving and New Models Could Shift the Narrative
Ives sees Tesla’s FSD technology as a potential industry disruptor. He predicts that other automakers could eventually adopt Tesla’s autonomous driving system, creating a broader ecosystem around the company’s AI capabilities. If Tesla executes well on FSD and its new vehicle lineup, the stock could defy skeptics and continue its growth trajectory.
Is Tesla a Buy, Sell, or Hold?
Wall Street isn’t exactly in agreement. While 13 analysts back Ives’ optimistic view, 11 are taking a more cautious approach with Hold ratings, and another 11 remain bearish. This mix leaves Tesla with a Neutral consensus overall. Still, despite the divided opinions, the stock has upside potential—analysts have an average TSLA price target of $346.75, implying a 32% increase in the months ahead.
