Major U.S. equities indexes were mixed to launch the trading week ahead of Wednesday's key Federal Reserve interest-rate decision.
Tesla (TSLA 6.14%) stock has seemingly gone straight up since the U.S. election. That more than 80% rise has brought it to new all-time highs.
Dan Ives, Wedbush analyst, joins 'Closing Bell' to discuss markets, the big winners in tech under Trump and his outlook on the sector.
Andy Swan of @LikeFolio says its data shows Tesla (TSLA) consumer interest is hitting new all-time highs. Andy adds the data "is getting back to where Tesla is magical.
As the Nasdaq-100 hits record highs, Tesla (TSLA) continues to surge. Wedbush's Dan Ives raised his bull-case on the EV giant, taking the price target to a whopping $515.
Elon Musk's electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA), has come a long way in recent weeks in large part thanks to the political alliance between the billionaire owner and President-Elect Donald Trump.
Tesla (TSLA) shares traded at a fresh all-time high Monday after Wedbush again raised its price target, arguing the electric vehicle (EV) maker's self-driving car and artificial intelligence (AI) efforts will get a boost from the new Trump administration.
Tesla (TSLA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Tesla's stock heads for another record, as Wedbush sees a “bull case” possibility of a rally to $650 in 2025.
Wedbush analyst Daniel Ives raised the firm's price target on Tesla to $515 from $400 and keeps an Outperform rating on the shares. The analyst believes the Trump's White House in the next four years will be a "total game changer" for the autonomous and artificial intelligence story for Tesla. Wedbush's "bull case" is $650 per share for Tesla in 2025. The firm estimates Tesla's AI and autonomous opportunity is worth "at least" $1 trillion alone and fully expects that under a Trump White House, "these key initiatives will now get fast tracked as the federal regulatory spiderweb" the company has encountered over the past few years "clears significantly." Tesla could reach a $2 trillion market cap by the end of 2025 as the company's autonomous vision starts to take shape along with "very solid" delivery demand from the China market, the analyst tells investors in a research note. Wedbush says its price target "conservatively assumes no value today" for Optimus, which could be a "major upside catalyst" for the Tesla story over the coming years.
Wedbush analyst Dan Ives hiked his Tesla price target to $515 a share from $400. He rates Tesla stock Buy.
Electric vehicle stocks have diverged this year. On the one hand, we have Tesla whose shares have surged to a record high, giving it a market cap of over $1.4 trillion, and making it the eighth-biggest company in the world.