Tesla, Inc.'s stock closed at $422.24 on May 15, 2026, reflecting a market cap of approximately $1.59 trillion. Despite a year-to-date decline of 6.11%, Tesla's stock has traded between $273.21 and $498.83 over the past year. In Q1 2026, Tesla delivered 358,023 vehicles, marking a 6% year-over-year increase, and reported $22.39 billion in revenue, up 16% YoY. However, production exceeded deliveries by over 50,000 units, indicating potential short-term demand pressure. Analysts remain divided on Tesla's future, with price targets for the next 12 months ranging from $395 to $413, suggesting a modest downside from current levels. While some, like Dan Ives of Wedbush Securities, predict a breakout year with a $600 target, others express skepticism about Tesla's ambitious plans. The company's valuation, driven by expectations in AI, robotics, and energy, remains a focal point for investors assessing its long-term potential.