Reported 3 days ago
Tesla's stock surged 69% after Donald Trump's election win, closing at an all-time high of $424.77. This impressive rise is attributed to CEO Elon Musk's optimism about the new administration's influence on regulatory approvals for Tesla's technology, alongside strong sales figures from its China operation. Analysts have also raised their price targets for the stock, citing potential for growth in areas like autonomous driving and electric vehicle launches.
Source: YAHOO