However, given Tesla's dominant EV market position in the US, the long prospect of scaling production and batteries remains in Elon Musk's favor. Based on 32 analyst inputs pulled by Nasdaq, TSLA stock is a "buy" 12 months ahead. The average TSLA price target is $218.75 vs the current $194.77. The high estimate is $345, while the lowest forecast is $23.53 per share.