TESLA STOCK SURPASSES $400, HITTING NEARLY 3-YEAR HIGH
TESLA STOCK SURPASSES $400, HITTING NEARLY 3-YEAR HIGH
Tesla shares rose over 3.5% on Monday, surpassing $400, the highest level since January 4, 2022.
The rally was driven by Deutsche Bank’s upgrade of Tesla to a "buy" rating.
Deutsche Bank raised its price target for Tesla to $370 per share, up from $295.
The upgrade reflects growing optimism about Tesla’s leadership in the electric vehicle (EV) market and expected continued growth.