U.S. electric vehicle corporations Tesla has been setting new all-time highs day after day, prompting the securities industry to raise its expectations.
On the 17th, according to the financial investment industry, Japan's Mizuho Securities raised its investment opinion on Tesla to "outperform," increasing the target price from $230 to $515.
Mizuho Securities predicted that if the self-driving regulations are eased and the electric vehicle tax credit policy is abolished under the administration of U.S. President Donald Trump, Tesla could secure a more advantageous position in the market compared to its competitors.
Tesla recorded a closing price of $463.02 on the New York Stock Exchange overnight. On the 11th, Tesla renewed its all-time high for the first time in over three years and has been setting new highs through the 13th and the day before. Tesla's market capitalization surged to $1.4863 trillion (approximately 2,137 trillion won).
Mizuho assessed Tesla's corporate value at approximately $1.8 trillion, with $711 billion in the automotive and energy sectors, $614 billion in the self-driving and robotaxi sectors, and $472 billion in the humanoid robot field. Mizuho has also suggested that the value of self-driving and humanoid businesses could increase by about 1.5 times, indicating that Tesla's corporate value could exceed $2 trillion.
Wedbush Securities also raised Tesla's target price from $400 to $515. Wedbush similarly predicts that Tesla's self-driving and AI businesses will gain more momentum under Trump's second administration.
Dan Ives, an analyst at Wedbush Securities, noted, "I believe Tesla has begun its march to reach a corporate value of $2 trillion within the next 12 to 18 months."
Currently, the highest target price for Tesla is proposed by China International Capital Corporation. The firm adjusted Tesla's target price from $421 to $528 the previous day.
However, the average target price for Tesla remains at $271.07, approximately 37.9% lower than the current stock price. Goldman Sachs and Daiwa Securities view Tesla's stock price as excessive relative to its corporate value and have issued a "neutral" opinion.