Elon Musk is making headlines these days, as he continues to lead multiple outlets at the same time. Musk at present is responsible for running multiple key companies, followed by executing fierce D.O.G.E policies to monitor the government’s wasteful funding. His tweets have always made significant changes in the way the stock market and crypto tokens generally work. That being said, Tesla is currently one of the leading companies under Musk and is a highly scrutinized firm on the path to jot a new stock high soon. Will Tesla be able to soar to a new price high in February 2025?

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Tesla: New Updates

Tesla is currently gaining a lot of heat from its investors due to multiple reasons. Firstly, reports from Germany have stated how Tesla registrations have dropped significantly, declining more than 60% in the process. At the same time, Musk’s self-driving segment has gained competitors like Waymo, which again is impacting the USP of Tesla in multiple ways.

Similarly, with Musk actively heading the Department of Government Efficiency, or D.O.G.E., investors are wondering whether the SpaceX/Tesla chief has taken a backseat and is pouring all his attention towards his newfound role.

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The Firm Share Price Update

Per Chris Johnson, a notable stock expert, Tesla may continue to battle headwinds for now, with a bearish stance, which may push TSLA to hit $300.

However, per TipRanks, TSLA may aim for $550, which the firm can achieve in the next 12 months.

“The average price target for Tesla is $336.48. This is based on 34 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst price target is $550.00, and the lowest forecast is $24.86. The average price target represents a -10.11% decrease from the current price of $374.32.”

Per CoinCodex, TSLA may decline to sit around $194 by February end 2025.

“According to our current TSLA stock forecast, the value of Tesla shares will drop by -47.98% and reach $ 194.73 per share by March 9, 2025. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear). TSLA stock recorded 13/30 (43%) green days with 4.75% price volatility over the last 30 days. Based on the Tesla stock forecast, it’s now a bad time to buy TSLA stock because it’s trading 91.87% above our forecast, and it could be overvalued.”

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