Barclays Says Tesla (TSLA) Deliveries 'Likely Won't Matter' for the Stock

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight for Investors. On December 11, Barclays reiterated the stock as “Equal Weight” with a $350 price target. According to the bank, Tesla’s delivery numbers “likely won’t matter for the stock.”

“While we expect soft 4Q deliveries, they likely won’t matter for the stock.”

According to analysts surveyed by FactSet, Tesla will deliver an estimated 450,000 vehicles in the fourth quarter of 2025, down 9% from 496,000 from the last period.

In contrast, the previous quarter saw the automaker delivering more vehicles than any other quarter ever. This boost was driven by the last stretch of the federal EV tax credit.

Analysts on Wall Street have a consensus “Buy” rating on the stock. The average price target of $250 implies a 37.05% upside, however, the Street-high target of $432.78 implies an upside of 137.26%.

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.

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.

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Disclosure: None.