Freedom Capital Upgrades Tesla (TSLA) to Hold, Raises PT to $406 on Stabilized EV Deliveries

By Maham Fatima | October 29, 2025, 11:25 AM

Tesla Inc. (NASDAQ:TSLA) is one of the stocks that should double in 3 years. On October 24, Freedom Capital analyst Dmitriy Pozdnyakov upgraded Tesla to Hold from Sell with a price target of $406, which was raised from $338. Freedom Capital views Tesla’s Q3 2025 report as a sign that it is nearing the realization of its new segment potential.

Freedom Capital Upgrades Tesla (TSLA) to Hold, Raises PT to $406 on Stabilized EV Deliveries

The updated model lineup has successfully stabilized electric vehicle delivery volumes, and the firm believes that Tesla is likely to return to delivery growth. Freedom Capital Markets cited these early signs of delivery stabilization as the primary reason for their updated view.

Tesla Inc. (NASDAQ:TSLA) designs, develops, manufactures, leases, and sells EVs, and energy generation & storage systems in the US, China, and internationally.

While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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