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Tesla Stock Outlook: Wedbush Reiterates $550 Target Despite DOGE and Political Concerns

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Tesla's (NASDAQ:TSLA) stock has faced continued pressure in 2025, but Wedbush remains bullish, maintaining an Outperform rating and a $550 price target.

Key Takeaways from Wedbush Report

  • DOGE & Political Concerns: Investor sentiment has been impacted by Elon Musk's focus on Dogecoin (DOGE) and his political involvement.
  • Tesla's Future Remains Intact: Wedbush argues that brand concerns and protests will not derail Tesla's long-term growth story.
  • Autonomous Driving & Robotics: The company is making major strides in self-driving technology and AI-driven robotics (Optimus).

Upcoming Growth Catalysts

🔹 Mass-Market Vehicle Launch: Tesla is gearing up for a new affordable EV launch in 1H25.
🔹 Full Self-Driving (FSD) Expansion: The Austin unsupervised FSD launch in June is expected to be a game-changer.
🔹 Model Y Juniper Update: An upgraded Model Y and a cheaper Tesla model could boost deliveries.
🔹 $2 Trillion Valuation Projection: Wedbush believes Tesla could reach $2T market cap, excluding Optimus.

Challenges & Risks

⚠️ Brand Image: Musk's DOGE involvement and ties to Trump may cause reputational risks in Europe and the U.S.
⚠️ Delivery Concerns: Choppy delivery numbers early in 2025, but modest growth is expected to return.

Relevant Market Data APIs

📊 Company Rating API - Get Tesla's latest analyst ratings and sentiment.
📈 Price Target Summary API - Track real-time Tesla price targets from top analysts.

Conclusion

Wedbush remains confident in Tesla's long-term growth, despite short-term headwinds. With autonomous driving breakthroughs, a new mass-market EV, and a $2T valuation projection, Tesla could see a strong rebound in the coming months.

🚀 Stay ahead of Tesla's stock movements with Financial Modeling Prep APIs!

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