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New Street Research optimism drives Tesla to new all-time highs


Tesla quotes again at record highs on Tuesday after New Street Research has revised its position in the motorist and has increased its target price by more than 50%, from 530 to 800 dollars per share.

At this time on Tuesday, Elon Musk's firm is trading at around $ 544.40 after reaching 545.70. The previous highs were 544.21.

New Street Research is not alone. In recent weeks they have been several analysts who have reviewed and increased the target price of Tesla, such as Morgan Stanley (from 250 to 360), Deutsche Bank (from 443.01 to 455) or RBC Capital (from 290 to 315).

However, it is striking that on this occasion a target price higher than the current price has been set, which would leave the titles a bullish potential of 48%.

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