Tesla, Inc. (NASDAQ: TSLA) sees a price target increase to $435 from $345 by Deutsche Bank analyst Edison Yu. The firm anticipates strong growth in Tesla’s AI projects, including its robotaxi fleet and humanoid robot business.

The company is expected to exceed delivery expectations in the third quarter, driven by the launch of the Model Y L in China and increased demand in the US before EV incentives phase out under the Trump administration.

Wall Street predicts Tesla’s 3Q25 deliveries to surpass expectations, with 461.5k deliveries expected, a +20% increase from the previous quarter. Despite challenges in Europe, growth is expected in China and North America, with full-year consensus of 1.6m deliveries still achievable.

Read more at Yahoo Finance: Deutsche Bank Boosts Tesla (TSLA) Price Target to $435, Maintains Buy