Key Stats for Tesla Stock

• Today’s Performance: 8%
• 52-Week Range: $289 to $499
• Valuation Model Target Price: Around $420
• Implied Upside: About 2%

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What Happened?

Tesla Inc. stock rose about 8% today, finishing near $412 per share as investors moved back into high-beta technology and EV stocks ahead of the company’s second-quarter delivery report.

The stock moved higher because Wall Street delivery estimates increased, giving investors a clearer near-term catalyst after months of concern around EV demand, pricing pressure, and Tesla’s rich valuation. Morgan Stanley raised its Q2 delivery estimate to around 413,000 vehicles, Barclays…