Why Tesla Stock Jumped Tuesday
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Tesla shares rose nearly 5% on Tuesday, supported by strong EV sales data and a bullish analyst call. Morgan Stanley raised its price target for Tesla from $400 to $430, with a bull case of $800 based on robotaxi potential. December saw record EV sales, with over 1.9 million units sold globally. Analyst Adam Jonas highlighted AI's role in Tesla's future, suggesting that a fully autonomous robotaxi network could drive the stock towards the $800 target. Investors should watch Tesla's advancements in AI and self-driving software.
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