Tesla shares have risen 38% since November 5th, fueled by optimism following Trump’s election and reports of federal focus on autonomous vehicle policies. Analysts suggest Tesla’s autonomous ambitions may benefit from potential policy drivers. Morgan Stanley analyst Adam Jonas attributes Tesla's stock surge to typical volatility catalysts and believes its AI leadership and policy drivers are not fully priced in. The analyst consensus on Tesla stock is mixed, leaning toward Neutral, with many viewing the recent rally as overvaluing the shares relative to their average price target.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Tesla shares have risen 38% since November 5th, fueled by optimism following Trump's election,
00:07and reports of federal focus on autonomous vehicle policies.
00:10Analysts suggest Tesla's autonomous ambitions may benefit from potential policy drivers.
00:16Morgan Stanley analyst Adam Jonas attributes Tesla's stock surge to typical volatility
00:20catalysts and believes its AI leadership and policy drivers are not fully priced in.
00:25The analyst's consensus on Tesla's stock is mixed, leading towards neutral,
00:29with many viewing the recent rally as overvaluing the shares relative to their average price target.
00:34For all things money, visit Benzinga.com slash GSTV.