Bank of America raises Tesla revenue estimates
Bank of America has revised its Tesla forecasts, citing stronger-than-expected delivery performance.
The bank lifted its 2026 revenue estimate to $107.8 billion from $103.4 billion and raised its 2027 estimate to $126.2 billion from $120.4 billion.
The revised outlook comes ahead of Tesla’s second-quarter earnings report on July 22, 2026. Bank of America reiterated its Buy rating and $460 price target, implying nearly 17.6% upside from Tesla’s July 17 close of $391.06.