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ARK Innovation ETF Newsroom
Tesla Is Analyst's Top 2025 Stock Pick: Elon Musk Political Involvement May 'Accelerate' EV Maker Beyond Autos
Tesla has reached a historical high for the first time in three years! Wall Street significantly raised its targets, and Musk has become the world's richest person with a fortune exceeding 400 billion.
Last week, Bank of America raised the Target Price for Tesla by 14%, and the long-term bearish Analyst Craig Irwin upgraded the rating to Buy, with the Target Price increased by 347%; this week, Morgan Stanley raised the Target Price by 29%, and Goldman Sachs raised it by 38%. Tesla's stock price rose nearly 6% on Wednesday, and Musk, whose personal wealth comes from Tesla Stocks and Options, refreshed the record for the highest personal Assets of the Global richest.
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The Nasdaq has historically broken through the 20,000 mark, with stocks of giants like Apple and Tesla reaching new highs.
① On Wednesday during Regular Trading Hours, the Nasdaq Index historically broke through 20,000 points, with an annual increase exceeding 33%. The S&P and Dow Jones have annual increases of 27% and 17% respectively. ② The seven tech giants collectively rose, with Apple, Amazon, Google, Meta, and Tesla all reaching historical intraday highs. ③ The USA's inflation data for November met expectations, with the market anticipating a more than 90% probability of the Federal Reserve lowering interest rates by 25 basis points next Wednesday.
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