According to Caixin News on December 26 (Editor Zhao Hao), last week, USA investment bank Wedbush analyst Daniel Ives maintained a rating of "outperforming the Large Cap" for $Tesla (TSLA.US)$ Stocks and raised the Target Price from $400 to $515.

This long-time Tesla "bull" also told clients that by the end of 2025, Tesla's stock price could reach $650 under the most optimistic expectations, and the company's total market value will exceed $2 trillion. As of Tuesday's close, Tesla was trading at $462.28 per share.

Ives explained at the time that the policy changes brought by USA elected President Trump’s second term will change the game, providing a better Operation environment for Tesla's autonomous driving and AI business.

However, Deutsche Bank analysts are not so optimistic in their report; Edison Yu and **** Dong told clients that Tesla may not be able to achieve the full-year delivery growth target because it will be difficult to reach 0.515 million units in the fourth quarter.

Tesla had estimated that total deliveries for 2024 would "slightly increase", exceeding 1.81 million units in 2023; given the performance in the first three quarters of this year, Tesla needs to deliver at least 514,925 units in the fourth quarter to meet this target, compared to last year's fourth quarter figure of 484,507 units.

Deutsche Bank analysts reported that some institutions expect sales to be between 0.51 million and 0.511 million, "Based on the data so far this quarter, the number seems closer to 0.5 million vehicles." The report also mentioned that the Chinese market will contribute the largest part, close to 0.21 million vehicles, around 0.15 million vehicles in the USA, and approximately 0.084 million vehicles in Europe.

Deutsche Bank also praised some of Tesla's strengths, as analysts cited third-quarter data showing that the Tesla Model Y, Model 3, and Cybertruck are among the best-selling models in the USA.

Additionally, Tesla has a higher 'loan/cash trade' ratio, while other models are more leased, which may indicate that consumers prefer the Tesla brand. However, looking ahead, Tesla's electric vehicle business in the USA may face multiple headwinds.

Earlier, Trump's transition team called for the cancellation of the Biden administration's $7,500 tax credit for consumers purchasing electric vehicles, which could impact the production and sales of electric vehicles in the USA.

Although Musk claimed this is 'bullish' — potentially leading to the bankruptcy of his competitors, others are skeptical about whether this electric vehicle leader can truly profit from it.

Moreover, new car loan rates in the USA remain at a 20-year high and are expected to stay at a high level next year, which continues to pose ongoing resistance to car sales.

编辑/jayden