The average Wall Street price target for Tesla (NASDAQ: TSLA) is currently $299.56 per share. That implies a 10% downside potential over the next 12 months. Typically, analysts predict that stock prices will rise in the future. But not Tesla. What is making analysts so bearish? There's one obvious factor.

The stock market opened mixed on Thursday, as investors digested multiple earnings reports, including Alphabet and Tesla earnings, and yields were higher after the initial jobless claims data came in hot.

Wall Street was on track for a mixed open on Thursday as investors digested uneven earnings from megacaps like Alphabet and Tesla and monitored progress in U.S. trade negotiations.

Investors expect Tesla Inc. to report third-quarter deliveries, its proxy for sales, this week, and Wall Street analysts have raised their expectations in recent days. Tesla TSLA has long made a ...

It's sort of like a rock sitting on the edge of a cliff. If you can put enough sort of oomph into it, you can get it over the cliff, then gravity does the rest. The metaphor kind of breaks down because the stock's moving up, so the gravity seems to be pointing the other direction.

Tesla investors are always thinking about the future and CEO Elon Musk. Quarterly numbers still matter, and beating Wall Street expectations is always a good thing. Tesla will report second-quarter earnings after Wednesday’s market close.

Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.