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Tesla posts strong Q1 2026 earnings but stock lags; $650 by 2030 seen as ambitious yet possible.

Company Fundamentals
20 May 2026
24/7 Wall Street
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Neutral
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Tesla reported strong Q1 2026 results with EPS beating estimates and automotive margins rising to 21.1%. Despite this, shares are down 8.83% year-to-date due to concerns over rising expenses, battery capacity limits, and regulatory uncertainties. Wall Street remains cautious with a consensus price target near current levels, while a bullish model projects up to $645 by 2030 if AI and autonomous tech scale successfully. Key risks include battery constraints and delayed AI monetization, but volume production of new products and software improvements could drive future gains.

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