Why Tesla Stock Jumped Tuesday
(NASDAQ: TSLA) shares surged nearly 5% Tuesday morning, getting a boost from some recent electric vehicle (EV) sales data. The stock also received support from a bullish call by a Wall Street analyst.
Tesla shares pared some of the early gains with the stock trading higher by 2% as of 2:22 p.m. ET.
In a recent report, Morgan Stanley analysts raised Tesla's price target from $400 to $430 per share. They also offered a bull case scenario on which the firm applies a price target of $800 for Tesla based on its robotaxi potential.
Source Fool.com
Tesla Inc Stock
€392.75
0.590%
Our community is currently high on Tesla Inc with 112 Buy predictions and 41 Sell predictions.
With a target price of 408 € there is a slightly positive potential of 3.88% for Tesla Inc compared to the current price of 392.75 €.
