Tesla Bull Raises Price Target for 2024 as Tesla Enters Next Phase of Growth

    Date:

    In this week’s video, I cover need-to-know news items related to Tesla (TSLA 1.61%) for the week of Dec. 18. Today’s video will focus on Tesla’s sales numbers in China and Europe, Tesla’s Megapack project in China, Wedbush Securities analyst Dan Ives’ price target increase, and a look at Tesla stock from a technical analysis standpoint.

    You can find last week’s summary here.

    *Stock prices used were from the trading day of Dec. 22, 2023. The video was published on Dec. 23, 2023.

    Neil Rozenbaum has positions in Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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