Tesla Stock Reaches Record High Amid Unprecedented Rally

TL;DR Summary
Tesla's stock has reached a new all-time high, surpassing its previous record from 2021, driven by investor optimism about the future of self-driving technology and regulatory easing under the Trump administration. The stock has surged over 60% since Trump's election win, with analysts like Morgan Stanley's Adam Jonas raising their price targets. Despite the rally, concerns remain about Tesla's autonomous driving capabilities and the stock's overextension above its 200-day moving average.
- Tesla Stock Hits New All-Time High After Three Years Investor's Business Daily
- Tesla shares climb to record, boosted by 64% pop since Trump election victory CNBC
- Tesla shares jump to record high Reuters
- Tesla Shares Jump to Record Amid $515 Billion Rally in Six Weeks Bloomberg
- Tesla stock keeps soaring as Bank of America raises price target Fortune
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
86%
497 → 71 words
Want the full story? Read the original article
Read on Investor's Business Daily