Tesla Set for New All-Time Highs As Wall Street Bigwigs Simon Hale And Rich Ross Back EV Maker For New Milestones: 'This Should Not Be Ignored'
Portfolio Pulse from Benzinga Neuro
Tesla Inc. (NASDAQ: TSLA) is poised for new all-time highs according to Simon Hale and Rich Ross. Hale, a Senior Portfolio Manager at Wellington Altus Private Wealth, emphasized the significance of Ross's technical analysis, which aligns with their fundamental assessments. Tesla's stock surged after exceeding second-quarter delivery estimates, and Wedbush analyst Dan Ives raised the price target to $300, citing Tesla's AI potential. Gary Black also predicted a substantial increase in Tesla's market with the launch of a $25,000 vehicle and autonomous driving technology.
July 03, 2024 | 4:16 am
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Tesla Inc. is expected to reach new all-time highs as endorsed by Simon Hale and Rich Ross. The stock surged after exceeding Q2 delivery estimates, and Wedbush raised the price target to $300, citing AI potential.
The endorsement from prominent analysts and the recent positive performance metrics, including exceeding Q2 delivery estimates and a raised price target, are strong indicators of a bullish trend for Tesla's stock.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100