Tesla hit a record high for the first time in three years! Wall Street raised its target price sharply, and Musk became the world's first person with a net worth over 400 billion US dollars

Last week, Bank of America raised the Target Price for Tesla by 14%, and the long-term bearish Analyst Craig Irwin upgraded the rating to Buy, with the Target Price increased by 347%; this week, Morgan Stanley raised the Target Price by 29%, and Goldman Sachs raised it by 38%. Tesla's stock price rose nearly 6% on Wednesday, and Musk, whose personal wealth comes from Tesla Stocks and Options, refreshed the record for the highest personal Assets of the Global richest.

wallstreetcn05:30

NASDAQ reaches 20,000 point milestone! Tesla led a group of tech giants to reach new highs. Has the Christmas market started?

Historically, every year on the seven trading days after Christmas, that is, the five trading days at the end of the year and the first two trading days of the following year, investors tend to go long, and US stocks are likely to rise. This seven-day market is called the “Christmas market.” The data shows that in the past 70 years, the S&P 500 index has an 80% chance of rising in these seven trading days.

Futu News07:46

Watch These Tesla Stock Price Levels After First Record High in Three Years

Yahoo Finance17minutes ago

Hong Kong stocks are moving; Tesla Concept stocks are rising, with NEXTEER once increasing by over 9%, and Tesla rising nearly 6% to reach a new high.

Gelonghui, December 12 | Influenced by the overnight surge in Tesla's stock to a new high, NEXTEER once surged over 9%, leading the way, while MINTH GROUP rose over 3%, and GANFENGLITHIUM, FUYAO GLASS, and EVA HOLDINGS also saw increases. In news, Tesla's stock in the US soared nearly 6%, reaching a historic high, making Musk the first person in the Global to exceed a net worth of 400 billion dollars. Tesla China announced sales data on Wednesday (yesterday), showing that sales of Tesla brand electric Autos in the first week of December reached as high as 0.0219 million units in the Chinese market, marking the highest weekly sales since the start of the fourth quarter of 2024. (Gelonghui)

Gelonghui Finance37minutes ago

Market Chatter: Tesla Logs Highest Q4 Weekly Sales in China

MT Newswires10:36

Cathie Wood's Ark Invest Trims Tesla Exposure Amid Searing Rally, Sells $21.8M Worth Of Stock — Bets On This AI Medical Company

Benzinga10:30