Tesla stock rating reiterated at Overweight by Cantor Fitzgerald
Investing.com
Published Jul 14, 2025 08:00AM ET
Investing.com - Cantor Fitzgerald has reiterated an Overweight rating on Tesla (NASDAQ:TSLA) with a price target of $355.00, despite recent delivery challenges. According to InvestingPro data, Tesla currently trades at $313.51, with analysis suggesting the stock is slightly overvalued at current levels.
Tesla delivered 384,122 vehicles in Q2 2025, aligning with analyst consensus of 385,086 but falling below the 443,956 vehicles delivered in the same period last year. The company produced 410,244 vehicles during the quarter, below consensus expectations of 434,227 and slightly lower than the 410,831 vehicles produced in Q2 2024. With a market capitalization of $1.01 trillion and trailing twelve-month revenue of $95.72 billion, Tesla maintains its position as a dominant player in the automotive industry.
The electric vehicle maker's energy storage segment deployed 9.6 GWh of products in Q2 2025, missing analyst expectations of 11.8 GWh but showing a slight increase from approximately 9.4 GWh in Q2 2024. Tesla's Q2 sales were reportedly impacted by weakened demand in Europe and other factors. InvestingPro analysis reveals that 15 analysts have recently revised their earnings expectations downward for the upcoming period, while the company maintains a relatively weak gross profit margin of 17.66%.
Tesla will launch its first showroom in Mumbai on July 15, marking its official entry into the Indian market as announced on July 11. This expansion comes as the company navigates global trade and macroeconomic challenges.
The company plans to revisit its 2025 guidance during its upcoming Q2 earnings call, having previously projected its automotive business would "return to growth" in 2025 with deliveries under 1.8 million vehicles, while expecting its Energy Storage and Deployments segment to grow "at least 50% YoY" after approximately 113% year-over-year growth last year.
In other recent news, Tesla is set to open its first showroom in India, marking its entry into the country's large automobile market. Deliveries are expected to begin in late August, with the first vehicles being Model Y SUVs imported from China. Meanwhile, Wells Fargo has reiterated its Underweight rating on Tesla, forecasting a potential miss in the company's second-quarter earnings due to lower electric vehicle credits and weaker Energy Generation margins. The bank projects Q2 earnings per share of $0.20, below the consensus estimate of $0.41. Additionally, Tesla is seeking approval from Arizona authorities to launch a robotaxi service in the Phoenix Metro area, following a limited test program in Austin, Texas. Elon Musk has clarified that he does not support a merger between Tesla and his AI startup, xAI, although he plans to propose an investment relationship to Tesla shareholders. Tesla has also scheduled its annual shareholder meeting for November 6, following pressure from major investors. The company has set a deadline of July 31 for shareholders to submit proposals for the meeting.
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Written By: Investing.com
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