Tesla Stock Climbs Over 2% In Thursday Pre-Market: What's Going On?

Quick Summary:

What Happened: Today, Wedbush Securities analyst Dan Ives maintained his bullish stance on Tesla and his $550 price target on the stock, despite concerns over Musk’s dedication to DOGE, causing potential brand deterioration.

Tesla Inc.(NASDAQ:TSLA) is trading 2.2% higher in pre-market on Thursday following upbeat analyst calls on the stock as well as news over new EV taxes to finance road repairs which could impact its rivals.

Similarly, on Wednesday, Analyst Mickey Legg from Benchmark Equity placed a ‘Buy’ rating and a $475 price target on the stock.

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Article Details

Author / Journalist: Namrata Sen

Category: Technology

Markets: United States

Topics: GM Tech TSLA F US3453708600 US88160R1014 US37045V1008 Markets Benzinga

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Article Type: News Report

Published On: 2025-02-13 @ 10:46:39 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 359 words

Reading Time: 2 minutes read

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News ID: 26116220

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