🚨 Jefferies raises $TSLA PT to $350 (Hold) They still expect Q1 to show a gap between vision and execution, with ~$21.2B revenue, <3% margins, and ~$1.9B cash burn. Capex could rise to $19–20B/year, with ~$5.5B negative FCF in 2026. Without strong Robotaxi updates, they say it could revive SpaceX merger talk.
🚨 Jefferies raises $TSLA PT to $350 (Hold) They still expect Q1 to show a gap between vision and execution, with ~$21.2B revenue, <3% margins, and ~$1.9B cash burn. Capex could rise to $19–20B/year, with ~$5.5B negative FCF in 2026. Without strong Robotaxi updates, they say it could revive SpaceX merger talk.
$TSLA - TESLA TARGET RAISED—EXECUTION RISKS REMAIN Jefferies analyst Philippe Houchois raised Tesla’s price target to $350 (from $300) and kept a Hold rating. He expects Q1 to highlight a widening gap between Tesla’s ambitions and execution, with concerns over funding unless robotaxi progress accelerates. Revenue is forecast at $21.2B (+10% YoY), but margins are under pressure and cash burn could reach ~$1.9B. Heavy capex and slower rollout of key projects—like robotaxis and lower-cost models—are likely to weigh in the near term, while longer-term bets (AI, autonomy, humanoids) remain uncertain. Despite this, Tesla’s scale, integration, and growth potential support a higher mid-term outlook. Still, rising funding needs may revive talk of a future Tesla–SpaceX tie-up.
$TSLA - TESLA TARGET RAISED—EXECUTION RISKS REMAIN Jefferies analyst Philippe Houchois raised Tesla’s price target to $350 (from $300) and kept a Hold rating. He expects Q1 to highlight a widening gap between Tesla’s ambitions and execution, with concerns over funding unless robotaxi progress accelerates. Revenue is forecast at $21.2B (+10% YoY), but margins are under pressure and cash burn could reach ~$1.9B. Heavy capex and slower rollout of key projects—like robotaxis and lower-cost models—are likely to weigh in the near term, while longer-term bets (AI, autonomy, humanoids) remain uncertain. Despite this, Tesla’s scale, integration, and growth potential support a higher mid-term outlook. Still, rising funding needs may revive talk of a future Tesla–SpaceX tie-up.