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UBS sets a bullish $460 price target on Tesla amid strong growth but profit pressures from heavy AI investments.

Analyst Insights
23 Jul 2026
Gordon Thompson
View Source
Bullish
pluang ai news

UBS analyst projects a 23% upside for Tesla stock with a $460 price target, driven by record global deliveries and strong demand for the Model Y. Tesla's energy business and Full Self-Driving feature also show growth potential. However, heavy investments in AI and FSD have led to negative free cash flow and declining automotive gross margins, pressuring profitability despite 26% revenue growth. The stock is modestly overvalued based on current financials, but Tesla's innovation and market position support the optimistic outlook.

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