Tesla’s Model Y Gets an Update in China. What It Means for the Stock.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 10 2025
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Source: Barron's
Model Updates and Sales Performance: Tesla has launched updated versions of its Model Y in China and Model 3 in the U.S., but these updates have not significantly boosted sales, with the Model 3 underperforming the overall EV market.
Future Growth Expectations: Investors are looking for Tesla to increase vehicle volumes by 20% to 30% in 2025, alongside plans for a lower-priced vehicle and an AI-trained robotaxi service expected to launch in late 2025.
Analyst Views on DJIA
Wall Street analysts forecast DJIA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DJIA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 22.130
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Current: 22.130
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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.
