Weekly Recap | Tesla +4.93%, closing in on record highs
Weekly Review·
- Tesla shares accumulated a 4.93 % weekly gain to close at 372.22 dollars, outperforming the S & P 500 by about 5.4 percentage points amid active trading.
- Key market drivers included discussions surrounding a potential merger with SpaceX, regulatory developments, and progress on the Crystal Sun and Optimus projects.
- Covered by 47 institutions with a consensus buy rating and a target price of 407.22 dollars, the company faced significant valuation divergence while remaining a market focus.