Stifel raised Tesla's target price to $411, citing confidence in AI and self-driving technology.

From Investing.com: 2024-12-02 00:20:54

Stifel raised Tesla’s target price to $411, with a Buy rating, due to confidence in AI and self-driving. CEO Elon Musk’s ties to Trump administration could speed up regulatory approvals for self-driving. Tesla’s stock surged 40% post-Trump’s win. Stifel sees Tesla’s EV dominance and charging network as bullish, but warns of stretched valuation and Chinese competition.



Read more at Investing.com: Stifel hikes target, reiterates Buy on AI, self-driving prospects By Investing.com