MÜNCHEN - Tesla, a leader in the electric vehicle sector, faces a future filled with both opportunities and challenges, according to analysts.
Analyst John Murphy from Bank of America has downgraded Tesla's rating from 'Buy' to 'Neutral,' citing the stock's potential being largely realized. However, he maintains a long-term optimistic outlook, particularly with the introduction of new vehicle models.
Murphy forecasts that Tesla could increase its global market share to 5%, positioning it among the top ten automotive manufacturers. This projection is based on Tesla's strengths in electrification, cost efficiency, and technological superiority, especially in software functionalities such as autonomous driving.
A key factor in Tesla's future success may be the launch of new vehicle models. Murphy anticipates a more affordable model to be released in the first half of 2025, which could significantly enhance market opportunities. Additionally, another model is expected to debut later this year, further diversifying the product lineup.
Murphy expresses particular optimism regarding the robotaxi sector, valued at $420 billion in the U.S. This technology could bolster Tesla's market position, provided the self-driving software is successfully integrated without cannibalizing existing products.
However, substantial risks could hamper Tesla's growth potential, including timely product launches, robotaxi business expansion, and competition from China. Uncertain regulatory frameworks and weakening demand for electric vehicles may also pose challenges.
Potential advantages could arise from licensing self-driving software, technological breakthroughs, and possible government incentives. An important variable is CEO Elon Musk's relationship with policymakers, which could positively influence the regulatory landscape.