Tesla could deliver around 1.6 million vehicles in 2026, according to a new forecast from investment bank Morgan Stanley, which also highlights robotaxi expansion as a key driver for the company’s future valuation.
Tesla received a fresh price target increase from Morgan Stanley on Monday, but the bank’s new analyst is signaling a more cautious outlook for the year ahead. Andrew Percoco, who has taken over Tesla coverage from longtime bull Adam Jonas, raised the firm’s price target from $410 to $425. At the same time, he downgraded the stock’s rating from “Overweight” to “Equal Weight.”
06 Apr 2026-10:33
09 Dec 2025-09:35
