TECH - Tesla Price Target Raised To $300 By Wedbush Analyst Dan Ives Amid $1 Trillion Tech Potential: 'The Most Undervalued AI Name' | Benzinga
Tesla Inc. (NASDAQ:TSLA) has seen its price target raised by Wedbush analyst Dan Ives to $300, with a bull case of $400, as the company’s AI story gains traction.
What Happened: Ives took to X to announce the revised price target, citing a positive shift in Tesla’s demand story for the second half of 2025. He also highlighted the potential of Tesla’s AI story, which he believes could be worth over $1 trillion, making it the most undervalued AI name. The new price target represents a significant increase from the previous $275.
“We believe the Tesla demand story has made a significant turn for the positive heading into 2H/2025. Tesla AI story could be worth $1 trillion+ and is the most undervalued AI name in our view,” Ives wrote.
We are raising our price target on Tesla from $275 to $300; new bull case of $400. We believe ...