<div id="readability-page-1"><p>Tesla received a price target upgrade just on the heels of what was a crazy successful quarter for its automotive business, as the company reported a delivery beat of over 15 percent for Q2.</p> <p>Jefferies analysts are upping Tesla’s price target (NASDAQ: TSLA) to $400 from $375, while maintaining their “Hold” rating on shares, and the strong automotive deliveries from Q2 is a big reason. However, there are some other catalysts that Jefferies believes position Tesla for a strong position in the second half of the year.</p> <h4>Strong Deliveries</h4> <p>Tesla reported 480,000 deliveries for Q2, while Wall Street was between 395,000 and 405,000, as an overall consensus. It was an incredibly strong quarter from a delivery perspective, and Tesla sold well more than it produced during the three months.</p> <blockquote><p>Tesla crushes Wall Street expectations, beats delivery estimates by over 15 percent</p></blockquote>  <p>While vehicle deliveries are not necessarily looked at in the light that they used to be, Tesla still maintains a lot of advantages for keeping deliveries strong. With the loss of the $7,500 EV Tax Credit last year, Tesla still maintains a strong demand case for its EVs.</p> <h4>Robotaxi Performance</h4> <p>Tesla has been operating Robotaxi for over a year now, as it launched in Austin in mid-2025. That program has expanded to Houston and Dallas, the San Francisco Bay Area, and, most recently, Miami, Florida, the suite’s first appearance in the Sunshine State.</p> <p>While the Robotaxi suite is still in its early phases and Tesla is working through things like fleet size and wait times, the company has been able to undercut the pricing of its competitors and has a great safety record.</p> <h4>Merger Speculation with Tesla and SpaceX</h4> <p>This is perhaps the biggest topic that many are speaking about with Tesla and SpaceX, and it is the one thing that seems to be on the mind of every investor.</p> <p>Jefferies warns that growing talk of a Tesla-SpaceX merger could cause Tesla stock to trade more like a SpaceX proxy, which may disconnect it from underlying automotive fundamentals. SpaceX has a lot going for it, especially its compute deals that have been widely publicized as of late.</p> <h4>Profitability in New Projects Could Take Some Time</h4> <p>Tesla has a few long-term ventures in the pipeline, most notably the Optimus project and Robotaxi, which is launched but will take several years to expand to a meaningful level that resonates with everyday people.</p> <p>This is something that investors need to be careful of. Tesla’s projects could take some time to round out, so Jefferies advises that these may carry initial losses, rather than immediate profit. Seasoned Tesla investors have echoed something like this for a long time; they knew going in it would not be an open-and-shut strategy. It was going to take time.</p> <p>These new projects are no different.</p> <p>The post Tesla gets price target upgrade on heels of crazy successful auto quarter appeared first on TESLARATI.</p></div>

TSLA

SPCX

<p>Jefferies upgraded Tesla's price target to $400 from $375, maintaining a 'Hold' rating, driven by Q2 automotive deliveries beating estimates by over 15%. While strong delivery numbers support the upgrade, analysts warn that speculation regarding a potential Tesla-SpaceX merger could cause stock volatility disconnected from automotive fundamentals. Additionally, new ventures like Robotaxi and Optimus are expected to incur initial losses before becoming profitable.</p>

- Tesla received a price target upgrade from Jefferies analysts, increasing it to $400 from $375 following a notable Q2 delivery performance, exceeding expectations by over 15%.  
- The company reported 480,000 deliveries for Q2, significantly above Wall Street's consensus of 395,000 to 405,000, maintaining strong demand despite the end of the EV Tax Credit.  
- While new projects like Robotaxi and Optimus may take time to yield profits, there is speculation regarding a merger with SpaceX that could affect Tesla's stock dynamics.

Teslarati

GraniteShares 1.25 Long TSLA Daily ETF

Tesla

SpaceX

Direxion Daily TSLA Bear 1X Shares

Simplify Volt TSLA Revolution ETF

Leverage Shares 2X Long TSLA Daily ETF

AXS TSLA Bear Daily ETF

XL2CSOPTSLA

T-Rex 2X Long Tesla Daily Target ETF

GraniteShares 2x Short TSLA Daily ETF

GraniteShares 2x Long TSLA Daily ETF

Direxion Daily TSLA Bull 2X Shares

T-Rex 2X Inverse Tesla Daily Target ETF

2 倍做多SpaceX ETF

ProShares Ultra SpaceX

GS 2x Long SpaceX Dl ETF

GS 2x Short SpaceX Dl ETF

 LEVERAGE SHARES 2X SHORT SPCX DAILY ETF

Defiance Daily Target 2X Long [SpcX] ETF

Direxion Daily SpaceX Bull 2X ETF

Proshares Ultra TSLA

Leverage Shares 2x Cpd Acclrtd TSLAMnETF

TSLA WeeklyPay™ ETF

Yieldmax Tsla Option Income ETF

GraniteShares YieldBOOST TSLA ETF

xETFs TSLA Daily Income ETF

YieldMax Short TSLA Option Inc Strgy ETF

Kurv Yield Premium Strategy Tesla TSLA ETF

XI2CSOPTSLA-U

Roundhill Daily 2X Lon Mag Sev ETF

Jefferies Financial

Tesla gets price target upgrade on heels of crazy successful auto quarter