Reported 13 days ago
Following a significant market rally driven by economic optimism after former President Donald Trump's election victory, Tesla shares surged as a leading analyst increased the stock's price target to $400. The boost is linked to expectations of regulatory changes favoring Tesla's self-driving and electric vehicle initiatives. CEO Elon Musk's substantial contributions to Republican campaigns and his potential role in the new administration point towards a favorable environment for Tesla's growth and innovation in the coming years.
Source: YAHOO