Reported 13 days ago
Tesla's stock surged nearly 9% on Monday, reaching its highest level since early 2022, as Wall Street grows increasingly optimistic about the company's prospects under the Trump administration. Analysts raised their price target for Tesla to $400, citing anticipated benefits from fast-tracked initiatives in artificial intelligence and autonomous driving. The stock has appreciated nearly 50% since the election, reflecting a significant shift in investor sentiment amidst a rally-induced short squeeze.
Source: YAHOO