Tesla Stock Under Pressure: Analyst Predictions of Decline

HSBC predicts Tesla stock may fall by 60-65% according to two reports. This news sent Tesla's stock price moving despite high gasoline costs. Analysts forecast a potential decline due to their predictions.

HSBC has reiterated its bearish stance on TSLA, cutting its 12-month price target from $133 to $119, which implies a potential decline of roughly 70% from recent levels. Analyst Michael Tyndall maintained a "Reduce" rating, citing weak vehicle delivery trends and growing competitive pressures from Chinese EV makers like BYD.

The bank's concerns center on several structural challenges facing Tesla. Vehicle deliveries fell 8.6% in 2025, overall revenue declined approximately 3%, and the EV market is becoming increasingly regionalized, with consumers in China and Europe showing preference for domestic brands. HSBC also expressed skepticism about Full Self-Driving technology as a near-term growth catalyst.

While HSBC's view represents one of the most bearish on Wall Street, Tesla stock predictions range widely from $119 to $508, reflecting deep analyst disagreement. Meanwhile, Wedbush has taken the opposite stance, betting on a "Master Plan" merger that could unlock value. The divergence highlights the uncertainty surrounding Tesla's transition from a pure EV maker to a broader technology platform.