<div id="readability-page-1"><p>Piper Sandler analyst Alexander Potter believes that Tesla (TSLA) stock &#34;will likely sustain its upward momentum over the coming weeks&#34; in his latest research note. The five-star analyst maintained his &#34;Buy&#34; rating and $400 price target, which implies 22.5% upside potential from current levels. Potter ranks #444 out of the 9,636 analysts ranked on TipRanks. He boasts an average return per rating of 18.6% and a success rate of 48%.</p><h3>Confident Investing Starts Here:</h3><ul><li> Easily unpack a company's performance  with TipRanks' new KPI Data for smart investment decisions </li><li> Receive undervalued, market resilient stocks right to your inbox  with TipRanks' Smart Value Newsletter </li></ul> <p>Tesla stock has lost 19.2% year-to-date due to multiple issues. The electric vehicle (EV) maker has been facing some of its most ruthless trading weeks, marked by diminishing global auto deliveries, backlash against CEO Elon Musk's political choices, and the most recent public showdown between Musk and President Donald Trump.</p> <h2><strong>Robotaxi Event Could Be a Make-or-Break for TSLA</strong></h2> <p>Potter highlighted that the firm's &#34;key component&#34; of Tesla's robotaxi launch has started to play out. Tesla's autonomous robotaxis have been seen on the streets of Austin, Texas, and Musk has confirmed the deployment of the company's driverless taxis in the city. Having said that, the analyst warns that any high-profile robotaxi accident could likely trigger a &#34;violent downside&#34; move in the stock price.</p> <p>A majority of analysts have assigned a premium valuation to Tesla's future price targets due to the highly anticipated robotaxi service. Both investors and analysts are excited about Tesla's foray into the full self-driving (FSD) technology. On June 10, Musk posted a video on X that showed Tesla's driverless taxis running on Austin's streets. At the same time, Musk revealed that the commercial launch date for the robotaxis would be June 22. Meanwhile, he also mentioned that Tesla is targeting to deliver its first-ever FSD vehicle to a customer's home by June 28. This vehicle, he said, will drive itself from the end of the factory line directly to a customer's home.</p> <p>Expectations are running high for Tesla's autonomous vehicle initiatives, while the company and its CEO remain highly cautious. &#34;We are being super paranoid about safety, so the date could shift,&#34; Musk wrote on X on Tuesday. Following its success in Austin, Tesla aims to roll out the robotaxi service to other cities.</p> <h2><strong>Is it a Good Idea to Buy Tesla Stock?</strong></h2> <p>Analysts remain cautious about Tesla's long-term stock trajectory owing to various challenges. However, the rift between Musk and Trump seems to have eased, with the former backtracking on his rather critical comments about the President. Meanwhile, the President has also confirmed that he would not be canceling SpaceX's contracts, nor will he sell the Tesla Model S he recently bought, nor stop using Starlink's satellite service at the White House. For now, all eyes are on Tesla's robotaxi event scheduled for next week.</p> <p>On TipRanks, TSLA stock has a Hold consensus rating based on 14 Buys, 12 Holds, and nine Sell ratings. Also, the average Tesla price target of $285.97 implies 12.4% downside potential from current levels.</p> <figure><img width="940" height="706" src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2025/06/image-729.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2025/06/image-729.png"/></figure> <p><strong>See more TSLA analyst ratings</strong></p> <p>Disclaimer &amp; Disclosure</p><p>Looking for a trading platform? Check out TipRanks'                         Best Online Brokers                       guide, and find the ideal broker for your trades.</p>Report an Issue</div>

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<p>Piper Sandler analyst Alexander Potter maintains a 'Buy' rating on Tesla (TSLA) with a $400 price target, suggesting a 22.5% upside. Despite a 19.2% year-to-date decline due to various challenges, including global delivery issues and political backlash, analysts remain optimistic about Tesla's robotaxi launch. The upcoming event is crucial, as any accidents could negatively impact stock prices. Currently, TSLA has a Hold consensus rating with an average price target of $285.97, indicating a potential 12.4% downside.</p>

- Piper Sandler analyst Alexander Potter maintains a "Buy" rating on Tesla (TSLA) with a $400 price target, indicating a 22.5% upside potential.  
- Tesla has faced a 19.2% decline year-to-date due to issues like reduced global deliveries and controversies involving CEO Elon Musk, while excitement builds around the upcoming robotaxi launch.  
- Analysts express caution regarding Tesla's long-term stock trajectory, with a current consensus rating of Hold based on 14 Buys, 12 Holds, and nine Sell ratings.  

Tesla Stock Poised to Maintain 'Upward Momentum,' Says Top Analyst