Analysts’ Take on Tesla’s Q3 Earnings: Insights from 7 Experts

Tesla released its Q3 earnings, projecting record Q4 2024 and 2025 deliveries of over 2 million vehicles. The Cybertruck achieved positive margins for the first time, with plans for volume production of the Cybercab model in 2026. Various firms such as Mizuho, Goldman Sachs, and RBC Capital raised their price targets on Tesla shares. Analysts are optimistic about Tesla’s strong performance, robust results in China, and healthy core car business. Despite headwinds, Goldman Sachs sees Tesla well-positioned for long-term growth. Piper Sandler highlighted Tesla’s disclosure of the 2025 outlook and new product launch plans. Baird praised Tesla’s Q3 results, estimating choppy deliveries in 2025 due to production shifts.