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Why Tesla shares are up 2% today

I

By Invezz Markets

4 months ago

Article Summary

Tesla share price [https://invezz.com/wp-content/uploads/2025/09/20250919_1951_Teslas-Futuristic-Growth_simple_compose_01k5h5hsqkf0jrbrmz3wbe19s21.png] Shares of Tesla edged higher Friday as optimism surrounding the company’s long-term growth potential. Analysts at Baird lifted their outlook for the stock, pointing to ambitious expansion plans and a steady pipeline of product catalysts. STOCK PERFORMANCE AND RECENT MOMENTUM Tesla shares were up around 2.64% at $427.86 on Friday after closing 2.1% lower the previous session. That decline ended a seven-day winning streak for the stock. Despite the pullback, Tesla has climbed nearly 25% so far this month, including a gain of 5.3% this week. The stock’s rally has been supported by multiple developments. Among them, Tesla reached a settlement in a California lawsuit tied to its driver-assistance technology, CEO Elon Musk purchased company shares for the first time since 2020, and the Federal Reserve delivered an interest-rate cut. These events, coupled with renewed optimism from Wall Street, have boosted sentiment around the electric-vehicle maker. BAIRD UPGRADE HIGHLIGHTS GROWTH CATALYSTS On Friday, analysts at Baird upgraded Tesla to Outperform from Neutral and lifted their price target to $548 from $320, implying upside potential of more…

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About This Story

Published:September 19, 2025 at 02:24 PM

Source:Invezz Markets

Category:News

Reading Time:~2 min on source

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