Where Will Tesla Stock Be in 3 Years?

Tesla's business is stabilizing with recovered profit margins and strong Chinese sales growth, while its Robotaxi and Optimus robot initiatives advance. However, the stock trades at an extremely high valuation of ~390x earnings, with the company planning $25 billion in capital expenditures this year. The analyst predicts a wide range of $300-$600 per share in three years, reflecting significant uncertainty around whether autonomy investments will justify the current valuation.