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Dan Ives: Tesla at or above $400 on Nov 11, 2025

Dan Ives' prediction that Tesla would be at or above $400 on November 11, 2025 came true. The close on the deadline decided this call: Tesla closed at $439.62 on November 11, 2025, the deadline. Dan Ives made the call on CNBC on November 11, 2024, when Tesla was at $321.22. The target needed a 25% rise in one year.

Updated

What was said

Photo of Dan Ives
Dan Ives

Partner and Senior Managing Director, Yorkville Ives & Co.

CNBC, Nov 11, 2024SourceArchive

4 predictions · 3 hit · 1 missed

Photo: How I Invest Podcast, CC BY 3.0

Shares of Tesla are set to soar under a second Trump presidency, according to widely followed analyst Dan Ives of Wedbush. Ives reiterated his outperform rating and hiked his 12-month price target for the electric vehicle manufacturer to $400 from $300.

Ives cited Donald Trump's election win as the catalyst for raising the target, arguing it would be a gamechanger for Tesla's autonomous and AI story and would ease the federal regulatory hurdles the company had faced. He described Tesla as the most undervalued AI play in the market and put the AI and autonomous opportunity alone at around $1 trillion. He also argued that Tesla's scale could give it a competitive advantage in a non-EV-subsidy environment, helped by likely higher tariffs on Chinese EV makers.

How we checked this

HitDeadline

Price when said
$321.22 closeprice data
Target
$400+25%
Close on the deadline
$439.62price data

The close of the last trading day on or before Nov 11, 2025 decides: the prediction comes true if that close is at or above $400. Prices are daily closes, not intraday highs.

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