'Tesla's Car Business Is Worth $30 per Share,' Says William Blair
William Blair's analyst Jed Dorsheimer values Tesla's car business at $30-$40 per share, emphasizing its shift towards AI and autonomy. Tesla's stock rose 3% due to robotaxi testing in Austin, Texas. Dorsheimer believes autonomy now constitutes over 70% of Tesla's value, with energy possibly surpassing car sales. Despite this, Tesla's earnings mainly come from EV sales. Analysts have a Hold consensus on TSLA stock, with an average price target suggesting an 18.1% downside risk.