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MarketBeat
MarketBeat
Business
Thomas Hughes

Sentiment Shift Sends Tesla Stock to All-Time High: Can It Stay?

Shifting analysts' sentiment has driven Tesla (NASDAQ: TSLA) stock to a new all-time high. MarketBeat tracks 14 analysts' revisions since early November, including 12 positive price target increases and two upgrades. The upgrades are to buy from hold, and the price targets run from $175 to $411, which is significant because the range lifts the low-end, consensus, and high-end expected by the group. The bad news is that several factors suggest this market has outrun its reality, and the time has come to sell the rip.

Tesla Faces Headwinds in 2024: Don’t Bet On Strong EV Sales 

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