Tesla stock future forecast factors in geopolitical risks impacting lithium supply chains. A new Australian supply contract could reduce raw material volatility, improving cost predictability for 2025 models. Wedbush hikes Tesla target to $600, implying 36% upside from $440.40 Sept. 26 close. The company is facing long-term headwinds, including tightening profit margins and declining sales as other EV makers step up competition. Chinese-made EVs have been penetrating Tesla market share in China and other countries, but a 100% U.S. tariff on Chinese EVs is the main reason they haven’t made a dent in the U.S. On the brighter side, Statista projects an annualized 6% growth rate for the EV industry as a whole from now until 2029. Tesla stock future forecast indicates bullish signals in Bollinger Bands tightening near $205, a pattern often preceding sharp moves. Traders eye Q2 production updates for confirmation.
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