Tesla Stock Forecast Details That being said, some bright spots in the report could prevent long-term bulls from abandoning ship. Tesla’s revenue is back in growth mode, the company remains profitable, and it still holds a dominant market share in the EV space. This latter point will have been strengthened by the decent delivery numbers last quarter, which came in ahead of the consensus. There’s also the fact that many analysts have been maintaining their bullish stances throughout the past month, and even this week. On Tuesday, for example, Wedbush made a point to reiterate their Outperform rating on the stock, along with their $600 price target. It will be worth watching what fresh analyst updates emerge in the coming days, but expect several of Tesla’s long-term bulls to hold their ground. Their argument is simple: even with slowing growth and a juicy valuation, Tesla remains the dominant EV stock and one of the few companies in the space with the vision to continue innovating at scale for a long time. The Risks Are Mounting The problem is that Tesla’s valuation leaves no room for error, and there were plenty of holes in Wednesday’s report. At 255x earnings, the stock is still priced for perfection, and this was anything but a perfect report. That’s where the bear case gathers strength, and they’ll argue that Tesla is now facing the worst of both worlds: tightening profitability and intensifying competition. Technically, the setup has also weakened. Shares haven’t set a fresh high since the first day of October, and are due to open Thursday’s session near the bottom of their recent range. If they can’t stay above $410 into the weekend, things could get spicy. Tesla, Inc. (TSLA) Price Chart for Thursday, October, 23, 2025 The Smarter Move Might Be to Step Back For investors who still believe in Tesla’s long-term story, it may be wise to step back and let the next few sessions unfold. The broader market has been turning softer, with many large-cap tech names pulling back after months of gains. Against that backdrop, a substandard report like this leans more towards empowering the bears than the bulls. Yes, Tesla remains one of its generation's most innovative and transformative companies. But great stories don’t always make for great trades, especially when expectations are this high and the results lackluster.