---
title: "Tesla Trades on Belief, Not Numbers, Says Robinhood CIO"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273555040.md"
description: "Tesla's stock is driven more by belief in CEO Elon Musk's vision than by traditional financial metrics, according to Robinhood CIO Stephanie Guild. Despite recent struggles, including missed delivery targets and price cuts, retail investors remain optimistic, making Tesla the second-most-traded stock on Robinhood. Analysts maintain a Hold rating on TSLA, with a price target suggesting an 11% downside risk. Musk is expected to focus on Tesla's future in AI and Full Self-Driving technology in the upcoming earnings report."
datetime: "2026-01-23T20:59:07.000Z"
locales:
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  - [en](https://longbridge.com/en/news/273555040.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273555040.md)
---

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# Tesla Trades on Belief, Not Numbers, Says Robinhood CIO

Recently, Robinhood (HOOD) CIO Stephanie Guild explained to _Yahoo Finance_ that many investors of EV maker Tesla (TSLA) don't focus on traditional measures like earnings or valuation. Instead, they ask themselves if they believe in CEO Elon Musk's bigger plan or not. For retail investors, the answer is largely yes, as Tesla is currently the second-most-traded stock on Robinhood, behind only chipmaker Nvidia (NVDA). It is worth noting that Tesla often trades like a fast-growing tech or AI company.

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This is especially true when Musk makes bold claims, such as his recent comments at Davos, where he suggested that humanoid robots could one day outnumber humans and even help eliminate poverty. While these ideas excite believers, they don't line up with Tesla's recent struggles. More specifically, in the second half of 2025, the company missed delivery targets, cut prices aggressively, and posted weaker operating results, which caused the stock to swing sharply. As a result, many investors are preparing for a soft earnings report on January 28.

Nevertheless, Musk is expected to steer the conversation toward Tesla's future in AI and Full Self-Driving. This includes robotaxis in Austin, where Tesla has begun limited public rides without a safety monitor inside the car. Additionally, if Tesla secures approval for supervised FSD in Europe and China and pushes more drivers into its $99-a-month FSD subscription, it could unlock a massive software business that turns car buyers into long-term subscribers.

## **What Is the Prediction for TSLA Stock?**

Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 10 Buys, eight Holds, and seven Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $398.38 per share implies 11% downside risk.

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