Tesla Inc TSLA CEO Elon Musk on Monday expressed hope that the company’s stock will touch $690 in the future, without specifying a timeline.
What Happened: “At some point in the future, I think that will happen,” Musk wrote on X in response to an X user who said that they are now waiting for the stock to hit $690.42.
Tesla stock closed 6.14% higher at $463.02 on Monday. The stock is up 86.39% year-to-date, according to data from Benzinga Pro, thanks to its rally since Donald Trump‘s landslide victory in the U.S. Presidential elections.
Analyst Take: Mizuho Securities analyst Vijay Rakesh on Monday increased the price…
