Tesla Stock Soars: Analysts Predict $500 Target Amid Record Highs

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Source: Investing.com
Tesla Stock Soars: Analysts Predict $500 Target Amid Record Highs
Photo: Investing.com
TL;DR Summary

Tesla's stock has surged to an all-time high, closing at $424.77, marking a 70% increase since Donald Trump's election win. This rise is driven by investor optimism about Tesla's future under the new administration and strong sales figures from China, where Tesla sold 21,900 EVs in the first week of December. Analysts predict further growth, with potential stock prices reaching $504 by mid-2025, supported by favorable federal policies towards Tesla's self-driving technology.

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