Tesla stock rose over 2%, hitting $400 with price target raised to $400 by analysts.

From Stocktwits: 2024-12-10 11:44:10

Shares of Tesla, Inc. rose over 2% on Tuesday, reaching $400 for the second time in two days, with Morgan Stanley analyst Adam Jonas raising the price target to $400 and maintaining an ‘Overweight’ rating due to investor optimism about Tesla’s role in AI and renewable energy. Jonas valued Tesla Mobility at over $66 per share and highlighted the influence of U.S. states in AV deployment. Cantor Fitzgerald analyst Andres Sheppard also raised the price target to $365, citing bullishness around Tesla’s self-driving opportunities and Robotaxi program. Retail sentiment for Tesla has shifted to ‘bullish’ on Stocktwits.



Read more at Stocktwits: Tesla Stock Eyes 5th Day Of Gains As Analyst Hikes Price Target To $400 On Musk Factor: Retail Gets Bullish