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Barchart
Barchart
Aditya Raghunath

Wedbush Just Pushed Tesla Stock to New All-Time Highs. Is It Too Late to Buy?

Wedbush Dan Ives Donald Trump Tesla Inc. Elon Musk electric vehicle Wedbush Securities

Tesla (TSLA) recently rejoined the trillion-dollar club following an impressive rally in 2024 and Donald Trump’s successful bid for a second term in the White House. Shares of the electric vehicle giant have surged over 70% year-to-date, easily crushing broader market returns and pushing CEO Elon Musk’s net worth over $400 billion. 

Valued at a market cap of $1.4 trillion, Tesla is the world’s largest automobile company. Wedbush Securities analyst Dan Ives remains bullish and thinks that Tesla has even more room to run. With this in mind, he has raised his price target on TSLA stock. Let’s see why.

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