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Tesla Stock Surges: Bulls Bet on Growth
13 Dec
Summary
- Tesla shares closed near $445, gaining 15% in three weeks.
- Analysts reiterate Buy ratings, citing vertical integration and FSD tech.
- Bulls expect margin pressures to ease and operational leverage to return.
Tesla's stock has experienced a notable upswing, closing near $445 and extending a rally that has added nearly 15% in value over the past three weeks. This performance has bolstered confidence among bulls who view Tesla as a pivotal growth story, particularly with its advancements in vertical integration and Full Self-Driving capabilities.
Several financial analysts have recently reaffirmed their positive outlooks, issuing Buy ratings and setting price targets around $500. Their conviction stems from Tesla's unique position to capitalize on the future of autonomy and AI, with potential revenue contributions from robotaxis anticipated in the upcoming year.
Furthermore, there is optimism that Tesla has overcome its recent margin challenges. Projections suggest a return to operational leverage by 2026, supported by improving cost discipline, strong delivery figures from China, and new product cycles. This sets a positive technical momentum for the company heading into the new year.
