Key TakeawaysTesla shares soared to a new all-time high Wednesday as the stock gained ground for the sixth straight day, extending a huge post-election rally.Since breaking out from an ascending triangle early last month following the election, Tesla shares have continued to trend sharply higher.The measuring principle, which calculates the percentage change between the ascending triangle’s lower and upper trendlines and adds it to the pattern’s top trendline value, forecasts a bullish price target of $585. ...

Key TakeawaysTesla shares surged nearly 6% Wednesday to notch their first record close in three years.The gains came after Goldman Sachs and Morgan Stanley analysts raised their price targets, though they represented a discount from Tesla's record closing price Wednesday.Tesla shares have surged since Donald Trump's reelection, amid hopes CEO Elon Musk's close ties with the President-elect could benefit the company. Tesla (TSLA) shares soared nearly 6% to close at an all-time high of $424.77 Wednesday, mark ...

Tesla Inc TSLA is the top stock pick in the automotive sector for 2025, Morgan Stanley analysts led by Adam Jonas said in a note covering electric vehicles (EVs).Tesla Top Stock Pick: Jonas’ note came ahead of Tesla hitting new all-time highs Wednesday.Jonas reiterated an Overweight rating on Tesla and raised the price target from $310 to $400."Elon Musk's entry into the political sphere has expanded investor thinking around Tesla's fundamental outlook," Jonas said of Tesla CEO Elon Musk.Tesla stock rallied ...

Key TakeawaysTesla shares climbed to a record high Wednesday, in the sixth straight day of gains for the electric vehicle maker's stock.The gains came after Goldman Sachs and Morgan Stanley analysts raised their price targets, though they represented a discount from Tesla's record closing price Wednesday.Tesla shares have surged since Donald Trump's reelection, amid hopes CEO Elon Musk's close ties with the President-elect could benefit the company. Tesla (TSLA) shares soared nearly 6% to close at a record ...

ToplineElon Musk added more than $10 billion to his net worth Wednesday as Tesla’s shares rose to a new high amid a broader surge for tech stocks, as analysts have held optimism for the automaker in the weeks since the election.The automaker’s stock has rallied in recent weeks as analysts remain optimistic for the Musk-led ... [+] firm.Getty Images Key FactsTesla’s stock closed Wednesday up nearly 6% at $424.77, surpassing the stock’s previous record close of $409.97 set on Nov. 4, 2020 after shares surged ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Billionaire Elon Musk is the first person ever worth more than $400 billion, thanks to a continue surge in the price of Tesla Inc TSLA stock since Donald Trump won the 2024 presidential election.What Happened: Tesla stock is trading higher Wednesday with several analysts raising their price targets on the electric vehicle company.With shares briefly hitting a new 52-week high of $415 on Wednesday, Tesla has hit a new all-time high. The stock previously hit an all-time high of $414.50 on Nov. 4, 2021, and ha ...

ToplineElon Musk added nearly $7 billion to his net worth Wednesday as Tesla’s shares rallied to a new intraday high amid a broader surge for tech stocks, as analysts have held optimism for the automaker in the weeks since the election.The automaker’s stock has rallied in recent weeks as analysts remain optimistic for the Musk-led ... [+] firm.AFP or licensors Key FactsTesla’s shares increased by more than 3.7% to just below $416 as of around 1:10 p.m. EST, surpassing the stock’s all-time intraday record hi ...

U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024.Tesla shares jumped to an all-time high on Wednesday, surpassing their prior record reached in 2021, sparked by a post-election rally and Wall Street's increased enthusiasm for Elon Musk's electric vehicle company.The stock rose to an intraday high of $415, which is 50 cents above its previous peak, and was on pace to close ahead of its highest finis ...

I feel good because Tesla (NASDAQ: TSLA ) has rallied by 77% since my bullish call on September 10 . I think that the rally was fueled by robust fundamental factors and there isComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now I feel very confident in my investment decisions. My hand ...