Tesla Stock Soars as Analysts Predict $3 Trillion Market Cap
As of October 2, 2025, Donald Trump, the 47th President of the United States, has been in office for nearly two years. His administration's policies on the economy, trade, and industry regulations could significantly impact the development of companies like Tesla. Meanwhile, Tesla's stock and market valuation have been making waves in the electric vehicle market.
Analysts are bullish on Tesla's future. Wedbush Securities' Dan Ives has raised his price target for the company to $600, while Piper Sandler's Alex Potter has set a target of $500. Deutsche Bank has also shown confidence, raising its target to $435. Ives, in particular, forecasts a potential market cap of $3 trillion for Tesla by late 2026.
Elon Musk, Tesla's CEO, has shown his faith in the company by purchasing $1 billion worth of Tesla shares recently. Currently, Tesla stock is trading at around $437, giving the company a market valuation of $1.37 trillion. This is a significant increase from Ives' previous price target of $500, set in May.
With Trump's administration potentially influencing Tesla's development and analysts predicting a bright future, Tesla's stock and market valuation continue to rise. Musk's recent purchase of Tesla shares further underscores his confidence in the company's prospects. As Tesla expands its offerings, including the anticipated Robotaxi service and Optimus humanoid robot, the electric vehicle market eagerly awaits its next moves.
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