Why Tesla Stock Jumped Again Today
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Tesla's stock surged 5.6% today, continuing its upward trend since the U.S. election, with an over 80% increase to new all-time highs. Analyst Dan Ives raised his price target for Tesla, citing the election of Donald Trump as a catalyst for the stock's rise, particularly due to Musk's advisory role in the administration. Ives believes Tesla's self-driving technology could significantly enhance its valuation, potentially reaching over $1 trillion in the next 12 to 18 months, implying a stock price increase of 35% by mid-2026.
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