Brokerage firm Stifel has raised Tesla's (NASDAQ: TSLA) share price target by approximately 43%, citing confidence in the company's advancements in autonomous driving technology. This comes as Tesla aims to reclaim the $350 mark amid the ongoing post-election rally. At the close of trading on November 29, TSLA was valued at $345.13, ending the day up 3.6%. The electric vehicle (EV) manufacturer extended its strength in the December 2 pre-market session, up 1.4%, trading at $350. price chart. Source: Finbold ...

Wedbush Securities analyst Dan Ives has suggested that Tesla’s (NASDAQ: TSLA) share price will likely see more upside in the coming months due to the company’s advances in artificial intelligence (AI) and autonomous driving.Specifically, Ives suggested that Tesla’s stock could potentially double within the next 18 months, with self-driving vehicles and AI serving as key growth factors, he said in an interview during an interview with CNBC.“I think get the popcorn out because I believe Tesla’s stock could ul ...

With shares up 38% since Nov. 5, Tesla (TSLA 3.69%) has been a huge beneficiary of Trump's presidential election victory. CEO Elon Musk played a key role in the campaign, and many investors believe his company stands to benefit from the new economic and regulatory framework. That said, Tesla's situation isn't all peaches and cream. Let's discuss some pros and cons of investing in the stock. Core automotive operations have maturedWhile Tesla benefited tremendously from being an early mover to the electric ve ...

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 ...

Lots of things were on sale this Black Friday—but not shares of Tesla (TSLA).  The EV maker’s stock finished the day up 3.7% as broader markets rose, leaving the shares ahead nearly 40% for the year. The stock now has a market capitalization of around $1.07 trillion, according to Visible Alpha data, making it one of only eight companies with a market value above $1 trillion. Part of the reason: a bullish note from Wedbush analyst Dan Ives, who today maintained an outperform rating and a $400 target price o ...

Tesla stock has numerous growth opportunities but is it enough for its hefty valuation?In today's video, I discuss Tesla (TSLA -1.58%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this semiconductor stock.*Stock prices used were the market prices of November 27, 2024. The video was published on November 29, 2024. ...

Tesla (NASDAQ: TSLA) is experiencing a short-term sell-off as the stock's post-election rally appears to be cooling. Now, a trading expert has warned that the electric vehicle (EV) manufacturer could see further losses if the price trajectory fails to turn bullish. During the last trading session, TSLA was valued at $332, down about 1.5% for the day, with more losses on the weekly chart, showing a drop of over 3%. Tesla was up 1.3% in pre-market trading at $337 on November 29. Market Summary > Tesla Inc Sou ...

Wall Street's price targets predict these self-driving car stocks will head down different roads over the next year. Self-driving vehicles will be a priority for the incoming presidential administration's appointees at the Department of Transportation, according to reports. That could mean we'll see an explosion of autonomous vehicles on roads across the country over the next few years. In the race to develop fully self-driving cars, there are two clear front-runners today: Tesla (TSLA -1.58%) and Alphabet' ...

Tesla Inc TSLA is turning heads again, this time with a quirky and futuristic touch: a Cybertruck horn update, rolled out through its mobile app. Yes, you read that right—Tesla is flexing its software chops by letting Cybertruck owners swap their horn sound for something distinctly cyberpunk.Tesla's Cybertruck Horn Update: A Soundtrack For The FutureSocial media lit up as owners shared their delight with the new tone, described as a blend of Transformers-like sound effects and a touch of sci-fi swagger. The ...

Billionaire Ron Baron is the founder and CEO of Baron Capital Group, an investment advisor and fund manager. He recently told CNBC Tesla (TSLA -1.58%) could be a $5 trillion company within a decade. That prediction implies 400% upside from its present market value of $1 trillion.Baron is undoubtedly one of the biggest Tesla bulls on Wall Street. The stock accounts for 33% of the Baron Partners Fund, which has returned 195% during the last five years, beating the S&P 500 (^GSPC -0.38%) by more than 100 perce ...