澳洲幸运5官方开奖结果体彩网

Tesla Stock Touches Another Record High

Inside a Tesla factory in Germany earlier this month.

Patrick Pleul / picture alliance via Getty Images

Key Takeaways

  • Tesla shares hit another record high Tuesday before edging lower.
  • The stock has surged since the presidential election on optimism that Tesla will benefit from Musk's ties to President-elect Donald Trump, aiding several of its efforts.
  • Mizuho analysts said Tesla could see tailwinds under the Trump administration, such as looser regulations around autonomous driving.

Tesla (TSLA) shares hit a second record high 澳洲幸运5官方开奖结果体彩网:in as many days Tuesday after another analyst upgraded their rati🧸ng of the elecꦰtric vehicle maker. 

Mizuho lifted its Tesla rating to “outperform” and raised its price target to $515 from $230 in a note Tuesday. That would represent an 11% to Monday's close; the stock was recently up about 1% at near $469 after earlier rising above $480. Wall Street's median target is below recent levels at closer to $300.

The firm sees Tesla as having “idiosyncratic tailwinds” over the next four years of the Trump administration, including the potential loosening of regulations on autonomous driving and the repeal of a consumer EV tax credit that could benefit Tesla 澳洲幸运5官方开奖结果体彩网:relative to its peers

Shares of Tesla have surged 90% in 2024 with most of those gains coming 澳洲幸运5官方开奖结果体彩网:after the Nov. 5 election on optimism that CEO Elon Musk’s ties to President-elect Donald Trump will lift t🙈he company's various businesses.

The Mizuho note comes a day after Wedbush 澳洲幸运5官方开奖结果体彩网:lifted its price target to $515 from $400, and gave a "bull case" scenario of $650 next year. Wedbush's analysts argued that Tesla could have a $2 trillion market cap by the end of 2025 as the self-driving vision takes shape, and because of an expected jump in deliveries of EVs in China.

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  1. Mizuho. "Tesla. Improving Outlook Under a New Admin - Upgrade to Outperform - Raise Ests/PT."

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