Tesla Stock Surges Post-Trump
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Tesla stock price targetInvestor's Business Daily
•Technology
Technology
Is Tesla A Buy After Analyst Hikes Price Target; 'Optimus Is Real'
78% Informative
TSLA stock surged 5.3% to 389.22 during market action on Friday , part of a 12.9% gain for the week .
Bank of America analyst John Murphy raised his Tesla stock price target to 400 , up from 350 .
Delaware Court of Chancery Judge Kathaleen McCormick rejected Elon Musk's $56 billion compensation package from 2018 .
Analysts generally see the Trump presidency as an overall negative for EVs, but a positive for Tesla .
Tesla 's third-quarter earnings unexpectedly rose 9% in the third quarter , snapping a four-quarter string of year-over-year declines.
Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency ( DOGE ).
Tesla showed off a Cybercab and Robovan late on Oct. 10 , but did not offer any details or updates of an "affordable" EV.
The consensus among analysts was that while the event was high on pomp and circumstance, it underdelivered on details.
Musk has said for years that Tesla would achieve self-driving " this year " or " next year ".
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