Tesla Stock Surges on Wedbush's $500 Price Target

  Published 1 year ago

Tesla shares rose in premarket trading after Wedbush significantly raised its price target to $500, citing the company’s potential dominance in the autonomous vehicle market and the upcoming Austin launch. Despite YTD losses, analysts predict a 'golden age' for Tesla.

  • Wedbush raised PT to a Wall Street high of $500.
  • Analysts see Tesla dominating the autonomous market.
  • Stock down 15.57% YTD, S&P 500 Autos down 14.4%.

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