- Tesla delivered 486,532 vehicles in Q3, surpassing the Street's consensus estimate by 6%, but the stock remains down more than 13% in 2026 and is the only Magnificent 7 name in the red.
- Goldman Sachs reiterated a Neutral rating and $360 price target, implying about 6% downside, and said TSLA's performance hinges more on FSD, robotaxi, and Optimus updates than near-term earnings.
- Truist analyst William Stein maintained a Hold rating with a $370 price target, citing concerns over lagging AI developments and missed energy storage deployment expectations.
- Baird analyst Ben Kallo maintained a Buy rating with a $475 price target, noting strong Model 3/Y deliveries and a 10% year-over-year increase in energy deployments.
- Tesla's robotaxi network was operating in seven major U.S. metros by the end of Q2, and Croatia became the latest country to approve FSD (Supervised), with an EU-wide vote expected in December.
- Tesla expects FY2026 capital expenditure to exceed $25 billion, driven by AI compute, robotaxis, Optimus, semiconductor manufacturing, and factory expansion.
引述
“Tesla’s (TSLA) stock performance will likely hinge more on updates around its AI and robotics businesses than on the company’s near-term earnings, Goldman Sachs said in a note on Tuesday.”
“Stein believes that Tesla's AI projects, including full self-driving (FSD) and the Optimus humanoid robot, are more crucial for its long-term cash generation and stock performance than auto deliveries .”
“Baird analyst Ben Kallo maintained a "Buy" rating with a $475 price target, noting strong Model 3/Y deliveries and a 10% year-over-year increase in energy deployments, alongside potential catalysts like the Cybercab launch and robotaxi service expansion .”