Tesla: An Analyst Just Raised Stock Price Target by 227%—Here’s Why

JPMorgan analyst Rajat Gupta dramatically raised Tesla's price target from $145 to $475 (227% increase), upgrading from Underweight to Neutral. The new thesis values Tesla across five markets—automotive, energy storage, robotaxis, humanoid robots, and infrastructure licensing—rather than as just a car company. Gupta highlights Tesla's vertical integration advantage in hardware, software, AI, and data. Revenue is projected to more than double by 2030 with earnings per share nearly tripling. Other analysts including Goldman Sachs, Sanford Bernstein, and Evercore also upgraded Tesla this month, though execution risks remain significant.