Tesla Stock Soars Amid Self-Driving Advances and Trump Speculation
TL;DR Summary
Roth MKM has upgraded Tesla's stock to 'Buy' from 'Neutral', citing Elon Musk's support for Donald Trump as a catalyst for increased demand and credibility. The brokerage raised Tesla's price target to $380, suggesting a 10% upside, and noted that the potential end of the Biden EV tax credit could benefit Tesla by reducing competition. Roth MKM also highlighted Tesla's robotics program and AI investments as key value drivers. Tesla's stock rose 2.07% premarket to $352.31.
- Tesla upgraded to Buy at Roth MKM on 'abundant positive' catalysts, Trump win Seeking Alpha
- Tesla’s stock surges after self-driving software update, new Street-high target MarketWatch
- Tesla investors, analysts have questions on the potential of robotaxis and self-driving Yahoo Finance
- Is Tesla Stock A Buy As Investors Bet On The Donald Trump Effect And Autonomous Driving? Investor's Business Daily
- Tesla Stock Rises After Huge Price Target Increase. Why Analysts Are Excited. Barron's
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