1 Wall Street Analyst Thinks Tesla Stock Is Going to $400. Is It a Buy? [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
CEO Elon Musk has become a confidant to President-elect Donald Trump, and investors feel future public policy on electric vehicles (EVs) could give Tesla a major boost. That is what has investors continuing to pile into Tesla stock. With another big gain to start this week's trading, Tesla shares have now soared by more than 30% since Election Day. And one Wall Street analyst thinks there's more to come. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » In a new report released by Wedbush analyst Dan Ives, he said that Tesla is now on a path that could bring big gains to investors. He rates the stock a "buy" and thinks shares are worth $400, reports Barron's . That would represent a gain of nearly 25% from last Friday's closing price. Ives noted that Musk's relationship with Trump is already beginning to set up potential policy changes related to EVs. Reports over the weekend said Trump's transition team is alread
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- About 1 in 3 of Trump's cabinet picks have been accused of sexual misconduct [Fortune]Fortune
- Bezos denies Musk's claim the Amazon founder predicted Trump would lose election [FOX Business Network]FOX Business Network
- The bar is too high for Nvidia, turn to value stocks: Expert [Yahoo! Finance Canada]Yahoo! Finance Canada
- The bar is too high for Nvidia, turn to value stocks: Expert [Yahoo! Finance]Yahoo! Finance
- Elon Musk to open a private school in Texas town where SpaceX, Tesla have offices [USA TODAY]USA TODAY
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Sec Filings
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- 11/13/24 - Form 4
- TSLA's page on the SEC website