Tesla Semi Deliveries Set to Begin Amid Rising Oil Prices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 23 2026
0mins
Should l Buy TSLA?
Source: stocktwits
- Electrification Potential: Rising oil prices have highlighted the potential value of electrification and energy diversity, leading to increased attention on Tesla, although concerns about its service and parts distribution capabilities persist.
- Buy Rating and Price Target: Melius Research has assigned a ‘Buy’ rating to Tesla shares with a price target of $590, indicating a positive outlook for the company's future performance.
- Tesla Semi Deliveries: Deliveries of the Tesla Semi are slated to commence this year, marking an expansion into the commercial customer market, although its competitiveness in the trucking sector needs to be bolstered.
- Competitive Pressure: Compared to competitors like Paccar and Caterpillar, Tesla's lack of significant investment in post-delivery service may hinder its competitive position in the trucking market.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to rise
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 371.750
Low
25.28
Averages
401.93
High
600.00
Current: 371.750
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Intensifying Competition: BYD's sales continue to grow in both China and Europe, having outsold Tesla in Europe since mid-last year, highlighting its increasing competitiveness in the global EV market.
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- Tesla's Lower Expectations: Tesla is projected to deliver approximately 368,900 vehicles in Q1, an 11.8% decrease from the previous quarter, indicating the need for a strategic reassessment to navigate increasing competition in key markets.
See More
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