A Wall Street analyst is projecting a massive 120% rise in Tesla’s (NASDAQ: TSLA) stock price in anticipation of favorable policies from the upcoming Donald Trump administration.This outlook comes as TSLA’s share price continues to notch new highs—a momentum established in the wake of Trump’s victory, whose campaign saw significant involvement from Tesla CEO Elon Musk.At press time, electric vehicle (EV) stock was trading at $476, rising 2.7% in the past 24 hours. Over the past month, Tesla stock has yielde ...

Here's everything you need to know about the electric vehicle maker's week.In this week's video, I cover need-to-know news about Tesla (TSLA 6.14%) from the week of Dec. 9. Check out the short video to learn more, consider subscribing, and click the special offer link below.You can find last week's summary here.*Stock prices used were from the trading day of Dec. 13, 2024. The video was published on Dec. 14, 2024. ...

Tesla (TSLA 6.14%) stock has been on an upward tear in recent weeks. Its share price has doubled since the company reported earnings on Oct. 23, and it has advanced more than 70% since the U.S. presidential election on Nov. 5. Factors contributing to that upside include encouraging updates during the recent earnings call and CEO Elon Musk's close relationship with President-elect Donald Trump.Importantly, Tesla's stock recently did something it hasn't done in more than three years: It reached a new all-time ...

Key TakeawaysTesla shares continued their extended post-election rally on Monday, rallying to a new record high after Wedbush boosted its price target on the EV maker's stock.The shares have trended sharply higher after breaking out from an ascending triangle, though the relative strength index signals extremely overbought conditions, which could lead to short-term profit-taking.Bars pattern analysis, which extracts the stock’s sharp trending move from late June to early July and overlays it from the ascend ...

Key TakeawaysThe S&P 500 added 0.4% on Monday, Dec. 16, as tech stocks edged higher ahead of this week's Federal Reserve interest-rate announcement.Broadcom's shares built on last week's momentum after Wedbush analysts tapped the stock as a top semiconductor pick.Super Micro Computer shares fell following the stock's removal from the Nasdaq 100 and reports that the server maker could be planning to raise capital. Major U.S. equities indexes were mixed to launch the trading week ahead of Wednesday's key Fede ...

Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA), has come a long way in recent weeks in large part thanks to the political alliance between the billionaire owner and President-Elect Donald Trump.For much of 2024, TSLA stock held the dubious honor of being among the worst-performing S&P 500 stocks year-to-date (YTD), but at press time, it is 78.46% in the green within the timeframe and essentially its all-time highs (ATH) at $443.34.TSLA stock YTD price chart. Source: FinboldThough most ...

Key TakeawaysWedbush again raised its price target on Tesla stock on expectations the new Trump administration will give the EV maker's self-driving and artificial intelligence efforts a boost.The analysts lifted the price target to $515 from $400, and said it could hit $650 by the end of next year.Shares of Tesla traded at a fresh all-time high. Tesla (TSLA) shares traded at a fresh all-time high Monday after Wedbush again raised its price target, arguing the electric vehicle (EV) maker's self-driving car ...

A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long positi ...

Tesla Defies the OddsTesla ((TSLA) CEO Elon Musk and his team have been doubted and bet against since the start for what seemed like good reason. Successful startups are rare in general, but in the US auto market, with legacy competitors like General Motors ((GM) and Ford ((F) they are unheard of – especially when they are an unprofitable electric vehicle (EV) start-up going public in the wake of the worst global financial crisis in decades. However, in proper Musk form, Tesla found a means to rewrite the s ...

Tesla Inc. TSLA has seen its stock rocket 76% since Nov. 5, coinciding with Donald Trump‘s presidential election victory. While the rally marks a triumphant rebound, driven partly by CEO Elon Musk's political connections and Tesla's tech-forward advances, the stock’s technical indicators hint at potential turbulence ahead.Tesla Stock: Bullish Momentum Meets Overbought RisksTesla stock remain in strongly bullish territory, supported by its position above key moving averages: Chart created using Benzinga ProE ...