Tesla Stock Surges on Analyst Upgrades and Future Innovations

1 min read
Source: Benzinga
Tesla Stock Surges on Analyst Upgrades and Future Innovations
Photo: Benzinga
TL;DR Summary

Tesla's stock surged past $400 in overnight trading on Robinhood, nearing its all-time high, driven by bullish analyst upgrades and optimism around its Full Self-Driving technology. Bank of America raised its price target to $400, citing positive impressions from a visit to Tesla's Texas gigafactory. Despite some analysts maintaining a cautious outlook, the stock's valuation remains high, with a focus on Tesla's upcoming lower-cost EV model and Optimus robot project.

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