Can Tesla stock hit $400 in 2024?

Despite facing challenges in the latter part of the year, 2023 has proven to be a remarkably positive year for Tesla (NASDAQ: TSLA). Boasting a year-to-date surge of over 134%, Tesla stands as a key player among the seven tech juggernauts driving the remarkable recovery of the S&P 500. While concerns over depressed margins and perceived overvaluation led some to reconsider their stance, a major Wall Street player remains bullish on Tesla with a robust 12-month price target of $380 for the carmaker’s stock.M ...