Tesla has shown it presents a significant risk to legacy automakers as the electric vehicle market grows more crowded, Oppenheimer analyst Colin Rusch told CNBC on Monday. Rusch became the biggest Tesla bull on Wall Street earlier in the day, when he raised his price target on the stock by nearly 60% to $612 per […]
Tag: Autos
Tesla (TSLA) stock hits $500 for the first time
Tesla stock continued to rally on Monday, rising nearly 10% on the day and closing at an all-time high of $524.86 per share. Tesla, which is now up more than 20% in 2020, continued to soar on its entrance into China and Q4 delivery figures that exceeded Wall Street’s expectations. The stock has more than […]
CNBC’s Jim Cramer praises Elon Musk for making Teslas exciting
CNBC’s Jim Cramer extended high praise to Elon Musk on Monday, calling the Tesla CEO “the new face of an auto executive” and extolling the enjoyment of riding in one of the company’s electric vehicles. “Your car becomes an exciting, an exciting place to be,” Cramer said on “Squawk on the Street,” just after Monday’s […]
Elon Musk teases a new talking-car feature for Tesla
Tesla CEO Elon Musk’s vision for transportation now includes talking cars. Musk teased a new feature over the weekend that appears to enable Teslas to communicate with pedestrians. He said in a tweet that the feature will “soon” roll out, but he did not offer a specific timeline. In the clip Musk shared on Twitter, […]