• Tesla stock hit a record high for a fifth straight day on Tuesday.
• The latest rally has been driven by bullish Wall Street sentiment and price target upgrades.
• Analysts cite easing autonomous driving regulations and Trump’s policies as key growth factors for Tesla.

Tesla stock hit a new all-time high for the fifth day in a row on Tuesday, surging as much as 5% to $483.99.

Gains have continued to roll in for Tesla stock since President-elect Donald Trump won a second term as president. Since the November election, Tesla shares have risen 92%.

A surge in Wall Street bullishness has driven the gains in Tesla stock over the past few days.

Analysts from Wedbush and Mizuho increased their price targets for the…