Tesla stock forecast 2024 analyst consensus in Tesla stock

Analyst consensus in Tesla stock forecast 2024 remains divided: 15 buy ratings, 9 hold, 5 sell. Bullish projections assume continued EV leadership, while bears cite macro risks and execution challenges as potential headwinds. Importantly, Meta is already the dominant player in the smart glasses market, and its lead is widening. Ray-Ban Meta Smart Glasses accounted for 73% of smart glasses shipments in the first half of 2025, up from 66% in the second half of 2024, according to Counterpoint Research. Investors have good reason to think that trend will continue. Meanwhile, total EV registrations throughout the region rose by around 26% through August compared to the same period in 2024. By contrast, registrations for petrol and diesel-powered vehicles declined by more than 20% over that stretch. Macro-linked Tesla stock forecast 2024 factors point to inflation moderation benefiting consumer financing rates. Lower loan APRs could stimulate EV purchases, impacting quarterly revenue positively. Tesla remains one of the few automakers with net cash position exceeding $20B.