Tesla Bull Hikes Elon Musk's EV Giant's Price Target To $400 As Stock Rallies 47% In One Month

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Tesla Bull Hikes Elon Musk's EV Giant's Price Target To $400 As Stock Rallies 47% In One Month - Benzinga

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What Happened: “…We believe the Trump White House win will be a gamechanger for the autonomous and AI story for Tesla and Musk over the coming years,” Ives said.“We estimate the AI/autonomous opportunity is worth $1 trillion alone for Tesla.” We are raising our price target on Tesla to $400 from $300 as we believe the Trump White House win will be a gamechanger for the autonomous and AI story for Tesla and Musk over the coming years.

Wedbush analyst Dan Ives on Monday raised his price target on Tesla Inc (NASDAQ:TSLA) from $300 to $400, in the hope that Donald Trump winning the Presidential election will be a “gamechanger” for the EV giant spearheaded by billionaire Elon Musk.

We estimate the AI/autonomous opportunity is worth $1 trillion alone for Tesla🔥🏆🐂