BofA Securities analyst John Murphy downgraded shares of electric-vehicle maker Tesla to Hold, but his new target price implies about 17% upside.

This downgrade contrasts with recent upgrades by other analysts. On Monday, New Street Research analyst Pierre Ferragu upgraded Tesla to 'Buy' from 'Hold,' raising the price target to $460 from $240. Ferragu pointed to expected growth in Tesla's lower-cost models and advancements in AI-driven autonomous technology as key growth drivers.

Tesla stock may be 28% too high as its EV shipments fell while rival BYD grew faster than the industry in 2024. Can Tesla grow 20% in 2025 selling a self-driving taxi?

Investors wiped out all of Thursday’s losses with a big Friday gain, showing that current sales numbers aren’t what’s driving the stock.

Nathan Bomey, Reporter at Axios, discusses where Tesla stands, Musk's relationship with the incoming president and expectations for Tesla throughout 2025.