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Tesla's stock price continues to soar! Major institutions rapidly raise the Target Price to $450. Will it be able to hit a new historical high tonight?
Currently, Wall Street is overwhelmingly bullish, with the highest target price reaching $450, indicating that Tesla is expected to rise another 12%.
In December, Tesla's sales in China welcomed a "good start": in the first week, 21,900 Autos were sold, setting the highest record for Q4.
In the first week of December, Tesla sold 21,900 electric Autos in China, setting the highest weekly sales since the fourth quarter of this year.
Wall Street Gains, Tech Rallies, Tesla Hits All-Time Highs As Inflation Data Firms Up Fed's Next Interest Rate Cut
Elon Musk's Empire Soars: SpaceX Valued at $350B, Tesla Surges 60% Post-Election
Tesla Stock Seen Hitting Record High Despite Earnings Cut - Gary Black
SpaceX's valuation has soared to 350 billion dollars, further solidifying Musk's position as the richest person.
The short-term surge in SpaceX's valuation can be seen as part of the "Trump" Trade, as Musk has gained Trump's trust through strong support provided during the USA election.