The average analyst target price is up about $30 in February, moving it to $380 a share, according to FactSet. That's the highest target ever for Tesla stock.
Elections have consequences, but they also create opportunities. With the 2024 election in the rearview mirror, Elon Musk is making headlines for many reasons unrelated to his multiple businesses.
Tesla Board Chair Robyn Denholm has done extremely well for herself in the past year — largely by selling off most of her shares in the electric car company. She unloaded over 65% of her shares and options in the past 12 months, yielding $168 million before taxes–benefitting from the stock's spike following President Donald Trump's election victory in November.
The world's biggest hedge fund made a fresh bet on EV maker Tesla Inc. late last year, as it exited memory chip maker Micron Technology and banking giant Goldman Sachs.
Cathie Wood is the CEO and chief investment officer at ARK Investment Management. One feature that differentiates Wood from her peers in the wealth management industry is her appetite for more-speculative opportunities -- often assuming higher degrees of risk compared to blue chip stocks.
A crash involving a Tesla Cybertruck in self-driving mode this week has sparked worries about the reliability of the company's software that powers the feature, days after CEO Elon Musk said he would roll out a paid robotaxi service this year.
US stocks surged on Thursday as fresh inflation data and tariff policy updates helped ease investor concerns about economic pressures and global trade tensions. The Dow Jones Industrial Average climbed 348 points, or 0.8%, while the S&P 500 and Nasdaq Composite gained 0.8% and 1.1%, respectively.
Dan Ives, Wedbush Securities global head of technology research, joins 'The Exchange' to discuss Ives' thoughts on Tesla, the company's performance lately, and much more.
Stock markets took a tumble earlier this year, giving up much of their gains from November, when removal of uncertainty as to the next resident of the White House helped allow stocks to rise.
Indian Prime Minister Narendra Modi late on Thursday met billionaire Tesla CEO Elon Musk where he discussed issues including space, mobility, technology and innovation. Modi said in a post on X.
Tesla (TSLA 4.70%) stock is revving higher in Thursday's trading. The electric vehicle (EV) leader's share price was up 6.4% as of 11 a.m.
Tesla shares rose Thursday morning after a U.S. State Department forecast was reported Wednesday afternoon, revealing that the electric vehicle maker is a possible choice for an estimated $400 million contract for armored electric vehicles.