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Reaching highest level in over 2 years! Can Tesla's rally continue?
On November 29th, $Tesla (TSLA.US)$ rose slightly before the market opened, reaching a high of $338.01. Previously, the stock peaked at $361 Show More
On November 29th, $Tesla (TSLA.US)$ rose slightly before the market opened, reaching a high of $338.01. Previously, the stock peaked at $361.93, marking a two-year high and pushing the company's market cap to $1.15 trillion.
However, UBS remains skeptical, maintaining a "sell" rating with a target price of $226. Analysts argue that its recent increase was driven by "animal spirits" following the election rather than solid fundamentals. Additionally, Tesla could be excluded from California’s EV credits due to political controversies, potentially benefiting competitor $Rivian Automotive (RIVN.US)$.

🎙️Discussion
1. Can Tesla's share price break through $400?
2. What is your Tesla trading strategy?
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