Tesla stock price forecast 2026: Nasdaq TSLA

Tesla has renamed its 'Full Self-Driving (Supervised)' software to 'Tesla Assisted Driving' in Europe after negotiations with German regulators. The change follows criticism over misleading branding and safety concerns. The new name better reflects the software's capabilities, according to German transport minister Steffen Bilger. Tesla faces lawsuits and investigations over FSD's safety in the U.S.

Analyst Dan Ives reiterated his $500 price target and Outperform rating for Tesla (TSLA), arguing the company's value is driven by AI, robotaxis, and Optimus robots. He views Tesla as a top way to invest in physical AI, with autonomy and Optimus accounting for two-thirds of his target. Tesla stock rose over 2% on Friday. Ives highlights the growing fleet of vehicles and software revenue from Full Self-Driving (FSD) as key factors.

Tesla stock (TSLA) rose 2.24% on news of Musk's semiconductor project Terafab, improved China sales, and positive analyst outlooks. Terafab, a $10B-$20B chip facility, aims to boost AI capacity. China vehicle sales increased 5% YoY in September, while analysts highlight AI and robotics as key to Tesla's future. Q3 earnings are expected on Oct 21.

Tesla has rebranded its 'Full Self-Driving' (FSD) software to 'Assisted Driving' in Europe to align with regulatory standards. The change follows feedback from European regulators who found the previous name misleading. The rebranding is part of Tesla's efforts to secure approval for the software across the EU. Eight EU countries already permit the system, with Slovakia expected to become the ninth soon.

Tesla (TSLA) reported September sales of 95,366 Shanghai-built Model 3 and Model Y vehicles, a 5% increase from the previous year. Shares rose 3.2% to $386.93. China sales climbed 13.7% in Q3, but global deliveries fell 2.1%. Discounts on Model Y variants raise profit margin questions. The stock trades 15.31% above GF Value estimate.

Tesla China reported 95,366 Shanghai-built Model 3 and Model Y sales in September 2026, up 5% year-over-year and 10.7% from August. Exports rose 58.3% YoY, while domestic deliveries fell 9.4%. Q3 wholesale sales hit a record 275,111, up 13.7% from 2025, per CPCA data.