Tesla Stock Soars Amid Price Target Upgrades and Record Highs

Tesla's stock has surged following multiple price target hikes from analysts, including Cantor Fitzgerald and Morgan Stanley, with the latter raising its target to $400. The stock has gained over 61% year-to-date, significantly boosting its market capitalization. Notably, Roth MKM's Craig Irwin, previously bearish, increased his price target by 347% to $380, citing positive catalysts for Tesla. Overall, analysts maintain a consensus "Buy" rating, with an average price target suggesting a slight downside.