Tesla, Inc. (NASDAQ:TSLA) Faces Investigation Amid Robotaxi Concerns

JPMorgan reiterated its Underweight rating and $115 price target on Tesla (NASDAQ:TSLA), citing signs of continued weak demand and forecasting a sharper year-over-year decline in Q2 deliveries than previously expected.

The firm now estimates Tesla will deliver just 360,000 vehicles in the second quarter, down 19% year-over-year compared to 444,000 deliveries a year ago and representing an 8% shortfall versus consensus of 392,000. JPMorgan’s new forecast is also 6.5% below Tesla’s own compiled consensus of 385,000.

The updated view reflects analysis of May sales trends in key markets with reliable data—such as Europe—alongside third-party estimates for other regions like the U.S., plus insurance registration data for China through late June. JPMorgan’s revised Q2 delivery forecast represents a 9% cut from its prior estimate of 395,000 made in April.

The lowered expectations underscore JPMorgan’s concerns about persistent demand softness for Tesla vehicles, which it believes could weigh further on volumes and financial performance, reinforcing its cautious stance on the stock.

• UBS maintains a "Sell" rating for Tesla (NASDAQ: TSLA) despite its innovative approach in the electric vehicle and autonomous driving sectors.
• Tesla faces significant competition and technical challenges in the autonomous vehicle market, impacting investor confidence and stock value.
• The launch of Tesla's driverless robotaxi service in Austin marks a crucial step towards full autonomy, positively influencing its stock price.

On June 24, 2025, UBS maintained its "Sell" grade for Tesla (NASDAQ: TSLA), with the stock priced at $340.47. Tesla, a leader in electric vehicles and renewable energy, is known for its innovative approach to autonomous driving technology. Despite its advancements, Tesla faces competition from companies like Google's Waymo in the autonomous vehicle market.

Tesla's stock has recently experienced a decline, reversing gains from its advancements in the robotaxi sector. A technical issue has emerged, affecting investor confidence and leading to a decrease in share value. This setback highlights the challenges Tesla faces in developing and deploying its autonomous vehicle technology, impacting its stock performance.

Despite the recent decline, Tesla's stock surged by 10% following the launch of its driverless robotaxi service in Austin, Texas. This development is a significant step towards achieving full autonomy in its vehicles. The initial rollout includes 10 to 20 autonomously operating Model Y vehicles, with plans for rapid expansion. This launch is crucial for Tesla's strategic push towards autonomous driving, as highlighted by Wedbush analyst Dan Ives.

Tesla's stock price increased significantly after the announcement of its self-driving robotaxi in Austin, marking the first public test of its advanced technology. The news propelled the stock up by 8%, aiding its recovery from a substantial sell-off earlier in the year. The stock reached $357, a notable rise from its March low of $222, with a market capitalization of $1.3 trillion.

The success of Tesla's robotaxi experiment is vital for the company's future, as it seeks to prove its AI-driven self-driving technology is superior to competitors like Google's Waymo. Tesla aims to advance beyond its current Full Self-Driving (Supervised) system, striving to establish a leading position in the autonomous vehicle market.

UBS lifted its price target on Tesla (NASDAQ:TSLA) to $215 from $190 while reiterating a Sell rating, pointing to growing investor excitement around the company's autonomous ride-hailing ambitions—but cautioning that much of the upside is already reflected in the stock.

Tesla's recent launch of a robotaxi service in Austin has intensified focus on its long-term potential in self-driving mobility. UBS estimates that if everything aligns—technology, regulatory approval, and large-scale network deployment—the opportunity could translate into a 2.3 million vehicle fleet by 2040 generating roughly $200 billion in annual revenue.

The firm modeled this robotaxi scenario and values the segment at around $99 per share. However, even when incorporating that into a broader sum-of-the-parts analysis, UBS remains skeptical of Tesla’s current valuation. The firm argues that the market has already priced in much of the anticipated growth from autonomy and other future technologies like humanoid robots.

While acknowledging Tesla’s strong positioning, UBS maintains a cautious stance, viewing the stock as fully valued relative to its underlying fundamentals and execution risk.

Goldman Sachs trimmed its price target on Tesla (NASDAQ:TSLA) to $285 from $295, maintaining a Neutral stance amid signs of softening vehicle demand across key markets. The firm lowered its second-quarter delivery estimate to 365,000 units—down from a previous forecast of 410,000 and below the market consensus of 417,000.

The adjustment follows lackluster regional data: U.S. deliveries through May were down by mid-teens year-over-year, while April registrations in Europe fell roughly 50%. Early May figures also point to continued weakness. In China, growth was marginal on a sequential basis, but sales in April and May combined were still about 20% lower than a year ago.

Surveys from HundredX and Morning Consult indicated a drop in consumer sentiment toward Tesla, further justifying the revised projections. Goldman now expects Q2 deliveries to fall between 335,000 and 395,000, depending on how much Tesla leans on incentives in June. Lower EPS expectations have also been factored into the updated valuation.

Tesla, Inc. (NASDAQ:TSLA) is a major player in the electric vehicle (EV) and renewable energy sectors. The company operates through two main segments: Automotive, which involves the design, manufacture, and sale of electric vehicles, and Energy Generation and Storage, focusing on solar energy products and energy storage solutions. Tesla's direct sales model, extensive Supercharger network, and continuous advancements in EV technology set it apart from competitors like Ford and General Motors.

The consensus price target for Tesla's stock has seen notable fluctuations over the past year. In the last month, the average price target was $241, reflecting a more conservative outlook compared to the previous quarter's $351.9. This suggests that analysts had a more optimistic view of Tesla's potential performance during that period, possibly due to anticipated product launches or favorable financial results.

A year ago, the average price target was $260.95, higher than the current month's target but lower than the last quarter's. This indicates a fluctuating sentiment among analysts, likely influenced by market conditions and Tesla's strategic initiatives. As highlighted by FX Empire, markets are poised for a potential rebound following significant losses, with investors eagerly anticipating Tesla's earnings report and speeches from Federal Reserve officials.

Tesla's recent earnings reports have been closely watched by analysts and investors, impacting their price targets. Analyst Colin Langan from Wells Fargo has set a price target of $960 for Tesla, indicating a positive outlook for the company's stock performance. Despite a nearly 6% decline in Tesla shares on Monday, just before the release of the company's first-quarter earnings report, there is optimism surrounding Tesla's energy business, seen as a profitable model for the company.

Tesla's ongoing developments in vehicle technology, such as advancements in battery technology and autonomous driving capabilities, can influence analyst expectations and price targets. The focus is also on Tesla's robotaxi roadmap, which could play a significant role in the company's future growth. As Tesla approaches its earnings report, investors are eager for clarity regarding CEO Elon Musk's strategic plans, especially as he engages with the U.S. federal government.

Tesla, Inc. (NASDAQ:TSLA) is a major player in the electric vehicle (EV) and renewable energy sectors. The company operates through two main segments: Automotive, which involves the design, manufacture, and sale of electric vehicles, and Energy Generation and Storage, focusing on solar energy products and energy storage solutions. Tesla's direct sales model, extensive Supercharger network, and continuous advancements in EV technology set it apart from competitors like Ford and General Motors.

The consensus price target for Tesla's stock has seen notable fluctuations over the past year. In the last month, the average price target was $241, reflecting a more conservative outlook compared to the previous quarter's $351.9. This suggests that analysts had a more optimistic view of Tesla's potential performance during that period, possibly due to anticipated product launches or favorable financial results.

A year ago, the average price target was $260.95, higher than the current month's target but lower than the last quarter's. This indicates a fluctuating sentiment among analysts, likely influenced by market conditions and Tesla's strategic initiatives. As highlighted by FX Empire, markets are poised for a potential rebound following significant losses, with investors eagerly anticipating Tesla's earnings report and speeches from Federal Reserve officials.

Tesla's recent earnings reports have been closely watched by analysts and investors, impacting their price targets. Analyst Colin Langan from Wells Fargo has set a price target of $960 for Tesla, indicating a positive outlook for the company's stock performance. Despite a nearly 6% decline in Tesla shares on Monday, just before the release of the company's first-quarter earnings report, there is optimism surrounding Tesla's energy business, seen as a profitable model for the company.

Tesla's ongoing developments in vehicle technology, such as advancements in battery technology and autonomous driving capabilities, can influence analyst expectations and price targets. The focus is also on Tesla's robotaxi roadmap, which could play a significant role in the company's future growth. As Tesla approaches its earnings report, investors are eager for clarity regarding CEO Elon Musk's strategic plans, especially as he engages with the U.S. federal government.