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Tesla's Robotaxi progress could redefine its stock value, with an $404.84 price target signaling modest upside.

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26 Oct 2026, 16:00 WIB
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Neutral
Tesla's Robotaxi progress could redefine its stock value, with an $404.84 price target signaling modest upside.

Tesla's stock debate centers on whether it's a carmaker or an AI platform, with the upcoming Robotaxi fleet as a key catalyst. The company reported Q3 revenue slightly above estimates but faced battery shortages limiting deliveries. Robotaxi's unsupervised miles increased significantly, and management expects it to become profitable by 2027, though free cash flow dropped due to high capex. The 24/7 Wall St. price target is $404.84, suggesting an 8.1% upside, but the stock is rated hold pending clearer Robotaxi economics and resolution of supply constraints. Potential SpaceX merger talks add uncertainty to valuation.

Tesla stock trades at USD 381.10 on Pluang as of Oct 26, 2026, 20:01 WIB, up 2.40% in one day. The market values Tesla at $1.47 trillion with a 52-week high of $489.88. Investors typically hold Tesla shares for 88 days on the platform, reflecting active interest amid ongoing debates about its future direction.

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