Tesla Stock Nears All-Time High: Can It Target $500 Before 2025?
Amid what has been a monumental few months for the company, Tesla (TSLA) stock is currently nearing an all-time high price, with $500 beginning to become more of a reality for the EV manufacturer. The question is, can the company reach the mark before the calendar turns to 2025? The Elon Musk-led firm has undoubtedly benefited from his connection with President-elect Donald Trump. Following his election win in early November, the company has been surging in value as it eyes its highest price in more than two years. With a record stock price more likely than not, all eyes are on what’s next. Source: NPR Also Read: Tesla (TSLA) Eyes Highest Price Level in 4 Years Tesla to $500? 2024 Looks to Surge Past All-Time Price Last week, Bank of America upped its price target for Tesla (TSLA) to $400. The move was a big one and spoke to the potential for the company to continue gaining value well into next year. Yet, the automobile developers’ performance has already outpaced those esti...