- Elon Musk announces xAI's Grok integration in Tesla vehicles, boosting premarket shares.
- Tesla's average analyst price target suggests a slight downside from current levels.
- GuruFocus' GF Value predicts an 8.99% decrease from the current stock price.
Elon Musk has revealed plans to integrate xAI's cutting-edge Grok chatbot into Tesla (NASDAQ: TSLA) vehicles. This announcement has positively influenced Tesla's shares, driving them up approximately 1% during premarket trading. The Grok 4 chatbot, a strong competitor to ChatGPT and Google's Gemini, is poised to significantly enhance Tesla's vehicle AI capabilities soon.
Wall Street Analysts Forecast
According to 43 analysts, the average one-year price target for Tesla Inc (TSLA, Financial) stands at $294.34, with estimates ranging from a high of $500.00 to a low of $19.05. This average price target indicates a modest downside of 0.52% from Tesla's current price of $295.88. Investors can view more comprehensive estimate data on the Tesla Inc (TSLA) Forecast page.
Furthermore, the consensus from 53 brokerage firms assigns Tesla Inc (TSLA, Financial) a 2.7 average brokerage recommendation, suggesting a "Hold" status. The rating ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
GuruFocus Value Estimation
GuruFocus provides an estimated GF Value for Tesla Inc (TSLA, Financial) in one year at $269.28, indicating a potential downside of 8.99% from its current price of $295.88. The GF Value represents GuruFocus' estimation of the stock's fair trading value, based on historical trading multiples and projections of the business's future performance. For further detailed analysis, visit the Tesla Inc (TSLA) Summary page.