Tesla price target bumped up to $515 by Wedbush
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Wedbush analyst Dan Ives has turned increasingly bullish on Tesla (TSLA), raising the price target on the EV maker to $515 per share. Ives went on to extend his bull case to $650 per share, with a total potential valuation of $2.1 trillion. Ives cites two key drivers for his optimistic outlook: Tesla's significant progress in full self-driving technology and the potentially supportive policy environment under the incoming Trump administration.
Catalysts anchors Seana Smith and Madison Mills break down the details.
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This post was written by Angel Smith
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