Tesla Stock Surges to 2025 High Amid Self-Driving Tech Optimism
Tesla shares climbed nearly 4% on Monday, eclipsing $440 to set a new year-to-date record. The rally marks a 30% monthly gain fueled by Elon Musk's $1 billion share purchase and strategic expansion of the Robotaxi program into Nevada, Florida, and California.
Piper Sandler's Alexander Potter elevated his price target to $500 after observing Tesla's AI leadership during China visits. While local automakers outpace production, Potter noted their keen interest in Tesla's autonomous driving systems.