Tesla (NASDAQ: TSLA) Stock Price Prediction and Forecast 2025-2030 (July 24)
Forecasts
Shares of Tesla Inc. (NASDAQ: TSLA) are trading for over 4% more than a week ago, even though the electric vehicle (EV) maker posted disappointing second-quarter results and warned of rough quarters to come. The share price is still 19.4% lower than six months ago, underperforming the broader markets in that time.
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Tesla Inc. (NASDAQ: TSLA) stock has been a market darling, up over 20,830% since it came public in 2010.
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Investors have had much to worry about in 2025, and the roller-coaster share price shows it.
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Due to Tesla’s innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock each year through the end of the decade.
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Still, Tesla stock has gained 34.9% over the past year, so plenty of investors are still drawn to the EV market leader, which has experienced a meteoric rise that has resulted in a 20,830% gain since the company’s initial public offering on June 29, 2010. It debuted at $17 per share, or roughly $1 per share when adjusted for stock splits.
Regardless, investors are more concerned with the stock’s future performance over the next one, five, and 10 years. While most Wall Street analysts will calculate 12-month forward projections, it is clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near-term projections irrelevant. 24/7 Wall St. aims to present some farther-looking insights based on Tesla’s own numbers, along with business and market development information that may be of help to our readers’ own research.
Tesla’s Recent Success
Tesla has managed to thrive, and boost earnings and revenue, even in high-interest-rate environments. Tesla’s Model S was the best-selling plug-in electric car in both 2015 and 2016. The mass-market Model 3 sedan followed, becoming the best-selling electric car from 2018 to 2021. The Model Y, a mass-market SUV version of the Model 3, debuted in 2019, with deliveries beginning in 2020. Since then, Tesla stock has experienced incredible growth.
Along with Tesla’s energy storage business and its charging station network, the company saw its revenues grow.
Fiscal Year | Price | Revenues | Net Income |
2015 | $16.00 | $4.046 B | −$888.7 M |
2016 | $14.25 | $7.000 B | −$674.9 M |
2017 | $21.60 | $11.759 B | −$1.962 B |
2018 | $21.18 | $21.461 B | −$976 M |
2019 | $29.53 | $24.578 B | −$862 M |
2020 | $235.23 | $31.536 B | $721 M |
2021 | $352.26 | $53.823 B | $5.519 B |
2022 | $123.18 | $81.462 B | $12.556 B |
2023 | $248.48 | $96.773 B | $14.997 B |
2024 | $403.84 | $97.690 B | $7.13 B |
Key Drivers for Tesla’s Performance
Improved Margins: Tesla’s management has been cutting manufacturing costs and expanding margins, resulting in strong revenue and net income gains since 2020. Its gigafactories in Shanghai, China, and Berlin, Germany, should help Tesla reduce export-related red tape and tariffs for upcoming EVs, resulting in lower overseas prices and increased sales.
R&D Paying Off: Thanks to its FSD and robotaxi R&D, Tesla is leading well ahead of GM’s Cruise and Alphabet’s Waymo. Chinese companies like Apollo Go and WeRide are viewed as better-equipped robotaxi competitors in a field that may soon grow rapidly.
Diversified Business Segments: Tesla’s Supercharger, energy, and battery businesses have grown rapidly, further distinguishing it from its EV peers as a company with many more technological initiatives.
Tesla Stock Forecast Through 2030
Wall Street’s consensus 12-month price target for Tesla has risen to $306.14 per share, though that is 7.9% lower than the most recent closing price. On average, analysts recommend holding shares, as positive sentiment has dwindled in the past few months.
24/7 Wall St.’s year-end price target for Tesla is $351.73, which represents almost 6% upside potential. Our forecast through the end of the decade is based on the company seeing projected revenue growth climb from $112.091 billion in 2025 to $297.430 billion in 2030, alongside normalized EPS growth of $1.91 in 2025 to $11.24 in 2030.
Year | Normalized EPS | Projected Revenue | Projected Stock Price | Potential Upside |
2025 | $1.91 | $112.091 B | $351.73 | 5.8% |
2026 | $2.98 | $133.938 B | $461.73 | 38.8% |
2027 | $3.84 | $155.708 B | $556.71 | 67.4% |
2028 | $5.76 | $193.500 B | $837.58 | 151.9% |
2029 | $8.60 | $248.572 B | $980.46 | 194.8% |
2030 | $11.24 | $297.430 B | $1,116.86 | 235.8% |
Tesla Bull, Base, and Bear Stock Price Prediction and Forecast
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