Elon Musk has lost more than $1 billion on his Tesla holdings alone in the last month. But the inspiration for Hollywood's "Iron Man" may be a lot happier next year, if Wall Street analysts are right.

Tesla shares are due for a 30 percent comeback in the next 12 months based on the average analyst price target of $269.25 compiled by FactSet. Only Wynn Resorts shares are due for a bigger rally among stocks in the Nasdaq 100 index, according to FactSet. Tesla shares should top Google, Netflix, Apple and Priceline in 2015, according to the data. As the price of oil has collapsed since November, so have shares of Tesla as investors bet gas guzzlers will be back in style with lower gasoline prices. However, analysts are sticking by their bullish price targets for Tesla, seeing the electric car company as a high-end technology story and not an alternative energy story. Five analysts have reiterated their price targets for Tesla this month, among them Pacific Crest's Brad Erickson on Thursday, who sees a 48 percent rally in the shares to $316 over the next 12 months. "While TSLA is a momentum stock, investors have been baking in that lower oil prices will be certain to reduce demand for electric vehicles, regardless of pricing," Erickson wrote in the report. "The market is being predictably irrational, and this has created a much better entry point in TSLA."

Tesla shares actually topped $290 in September before oil's drop turned into a crash, so analysts believe they can certainly get there again as the price of oil stabilizes in 2015. "The way I look at Tesla in my bullish view stems from the disruptive nature of their technology," Carter Driscoll of MLV, a New York-based investment bank, said in a phone interview. Driscoll still sees Tesla rising to $300 over the next 12 months, according to FactSet. Since oil's slide accelerated a month ago, Tesla has been the second-worst performer in the tech-heavy Nasdaq 100 index, falling 17 percent, according to Kensho, a quantitative tool used by hedge funds (Wynn Resorts was the worst performer). Tesla has never had a relationship with oil before this past month. With "1" equaling a mirror image with oil and "0" equaling no discernible trend whatsoever, Tesla shares have a 0.12 correlation with crude over the past two years, according to Kensho.