Skip to Main

What to Do Now with Tesla Shares?

  • Oppenheimer & Co. Inc.
  • January 13, 2020

Updating estimates and raising price target to street-high of $612

While Tesla has stumbled through growing pains, Oppenheimer analysts believe the company has reached critical scale and can sufficiently support sustainable positive free cash flow. Given Tesla's resolution of manufacturing bottlenecks and demonstration of strong consumer demand, Tesla is becoming a must-own stock and could benefit from inclusion in additional stock indexes.

electric car

Tesla has key advantages in its powertrain design, battery technology, ADAS (advanced driver-assistance system) fleet size, roadmap to energy independence offerings, and consumer enthusiasm that can translate into material operating leverage, share gains, and market disruption as renewables and autonomy trends accelerate.

If you're a client and want to read the full report, including disclosures, you can log in  and click on the Research tab.

Not a client and want to learn more? Reach out to an Oppenheimer Financial Advisor.