CFRA analyst Garrett Nelson joins Catalysts host Seana Smith to discuss his Tesla (TSLA) outlook for 2025, reaffirming his Buy rating on the stock.
“I think the stock is pricing in a much easier regulatory environment for autonomous driving, and we think Tesla has the best technology out there,” he tells Yahoo Finance, noting that the stock has surged tremendously since the 2024 election results. “They’re really going to be the biggest winner.”
Nelson explains that President-elect Donald Trump’s transition team has identified autonomous driving regulation as “the number one priority” for the Department of Transportation to make autonomous vehicles a “reality.” He describes this as “the future of Tesla,” which will “unleash” an enormous market opportunity for the company.
However, Nelson forecasts that the electric vehicle maker will fall short of its 2025 sales targets. He tells Yahoo Finance: “If they continue to make progress towards getting approval for fully autonomous vehicles, that’s really what’s going to matter more, and we think investors will be forgiving if they fall short of that guidance.”
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
source
