"Elon Musk spent some time trolling Tesla stock ( NASDAQ: TSLA) skeptics following the company's 23 percent boost over the past month. Tesla's rally on Wall Street over the past several weeks has completely erased any losses investors felt since the start of 2025. So far this year, shares have risen by over 13 percent. Most of this has been evident over the past month, as the company has seen a nearly 25 percent increase in the past thirty days."
"With the imminent abolishment of the $7,500 EV tax credit, some analysts and investors expected the stock to take a hit. It is no secret that the tax credit's expiration will impact demand to some extent. In the short term, it has been strong for the company's delivery outlook in Q3. The strength of Tesla shares over the past several weeks has prompted several analysts to adjust price targets and their firms' overall outlook with the company's automotive division, as well as its other projects. Mizuho analysts pushed their price target from $375 to $450, mostly due to Tesla's strength moving forward as a leader in the U.S. EV market. Vijay Rakesh, managing director at the firm, wrote in a note to investors: "We see TSLA maintaining key leadership in the U.S. BEV market despite some near-term challenges.""
"A lot of people thought Tesla stock would collapse as the tax credits came to an end this month. Guess not. - Elon Musk (@elonmusk) September 25, 2025"
Tesla shares rallied strongly, rising about 23 percent over the past month and over 13 percent year-to-date, erasing earlier 2025 losses. The nearly 25 percent month-over-month gain occurred even as the $7,500 EV tax credit expired, a development some expected to dent demand. Short-term delivery outlook for Q3 remained strong. Analysts responded by raising price targets and outlooks, with Mizuho lifting its target from $375 to $450 citing U.S. BEV leadership and Goldman increasing its target as well. The anticipated rollout of a lower-cost "Model 2" and initial production units supported the stronger 2026 outlook.
Read at TESLARATI
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