Tesla Stock Hits New All-Time High as Wedbush Boosts Price Target Again
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Tesla's stock reached a new all-time high after Wedbush increased its price target, citing potential benefits from the new Trump administration for Tesla's self-driving and AI initiatives.
December 16, 2024 | 3:30 pm
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Tesla's stock reached a new all-time high following Wedbush's increased price target, driven by expectations of favorable conditions for Tesla's self-driving and AI projects under the Trump administration.
The increase in Tesla's stock price is directly linked to Wedbush's raised price target, which is based on the anticipated positive impact of the Trump administration on Tesla's self-driving and AI initiatives. This suggests a bullish sentiment in the market.
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IMPORTANCE 90
RELEVANCE 100