Tesla closed October 29, 2025 at $461.51 (+0.21%), continuing its consolidation pattern within the $420-$460 range established throughout October[1]. The stock has gained 4.31% over the past three trading sessions, reflecting resilient investor sentiment despite mixed Q3 earnings reported on October 22[3]. Recent analyst upgrades bolstered confidence: Bank of America raised its price target to $471 (38% increase), citing strong Robotaxi and Optimus potential[2], while Freedom Capital upgraded from "Sell" to "Hold" with a $406 target, focusing on stabilized vehicle deliveries from new affordable Model 3 and Model Y offerings[2]. Technical charts suggest potential for a breakout above the $470 resistance level, though the median Wall Street price target remains bearish at $383.66[3].
Tesla Consolidates Near $460 as Analyst Upgrades Support Bullish Momentum
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