Tesla's Price Target Soars to $515: Wedbush Bulls on Self-Driving and Trump Bump

Tesla's stock price has been on a rollercoaster ride in recent months, and Wedbush analysts have just raised their price target to a staggering $515, citing two key drivers: advancements in full self-driving technology and potential support from the incoming Trump administration. In this article, we'll delve into the reasons behind this bullish outlook and explore the potential impact of regulatory changes on Tesla's market position and growth prospects.

Wedbush analyst Dan Ives has been increasingly bullish on Tesla, raising the price target to $515 and extending his bull case to $650 per share. Ives believes that the Trump White House will be a "total game changer" for Tesla's autonomous and AI story, with the federal regulatory spiderweb around FSD/autonomous likely to clear significantly under the new Trump era. The analysts estimate that the full self-driving (FSD) and AI opportunity is worth at least $1 trillion alone, and they "fully expect" that the Trump administration will fast-track these initiatives.

The potential regulatory support under the incoming Trump administration is a significant factor driving Wedbush's price target bump. The analysts argue that the Trump White House will be more supportive of Tesla's autonomous and AI efforts, which could lead to a significant boost in the company's valuation. Additionally, Ives expects a substantial jump in deliveries in China, further boosting Tesla's market cap to $2 trillion by the end of 2025.

Advancements in full self-driving technology play a crucial role in Wedbush's bullish outlook on Tesla. The analysts estimate that the FSD and AI opportunity is worth at least $1 trillion, and they expect the Trump administration to fast-track these initiatives. This could significantly enhance Tesla's competitive advantage and drive growth in the autonomous vehicle market.



Specific policy initiatives or changes under the Trump administration could directly impact Tesla's valuation and stock price. Wedbush's price target bump is based on the expectation that the Trump administration will ease regulatory challenges Tesla has faced, further enhancing the company's prospects. This could include streamlining the approval process for autonomous vehicles or providing tax incentives for companies investing in AI and self-driving technology.



In conclusion, Wedbush's price target bump for Tesla to $515 is driven by two key factors: advancements in full self-driving technology and potential regulatory support from the incoming Trump administration. The analysts expect the Trump White House to be a "total game changer" for Tesla's autonomous and AI story, with the federal regulatory spiderweb around FSD/autonomous likely to clear significantly. As Tesla continues to innovate and adapt to the changing regulatory landscape, investors should keep a close eye on the company's progress and the potential impact of policy changes on its market position and growth prospects.