Reported 3 days ago
Tesla's stock jumped 6.9% on Friday, fueled by strong sales data from China and an analyst upgrade. A recent report showed Tesla's vehicle sales in China grew by 8.8% in 2024, with a significant acceleration to 12.8% growth in December. Canaccord also raised its one-year price target for Tesla from $298 to $404, highlighting the company's potential in various growth areas, despite a drop in overall deliveries compared to 2023.
Source: YAHOO