Here’s the forecast for the Tesla share price as Trump’s policies take focus
At the time of writing, the Tesla (NASDAQ:TSLA) share price is up 42% over one month. Of course, the catalyst for this surge is the re-election of Republican candidate Donald Trump — his biggest donor was Tesla boss Elon Musk.
It’s not just Musk’s Tesla stock that has surged. Reports suggest that his SpaceX venture is looking to raise more capital, valuing the firm at around $250bn — up from $180bn in the summer. Meanwhile xAI has recently raised $5bn, with the artificial intelligence firm valued at $45bn — double its valuation a few months ago.
But what about Tesla? What do the forecasts say about the firm and will it live up to its share price?
The average share price target for Tesla is…
