“Tesla price target raised from $350 to $500: 'We believe the golden age of autonomous is now on the doorstep for Tesla with the Austin launch next month… The $1 trillion of AI valuation will start to get unlocked in the Tesla story and we believe the march to a $2 trillion valuation for TSLA over the next 12 to 18 months has now begun.'”
Said May 23, 2025Deadline Nov 23, 2026CNBC, 'Tesla shares can rally more than 45% as golden age nears, says Wedbush's Dan Ives', May 23, 2025
The 12-month leg lapsed just short: Tesla's all-time high was $498.83 intraday on December 22, 2025, versus the $500 target. The $2 trillion valuation leg runs to about November 2026, with Tesla's market cap around $1.4 trillion as of September 2026.