Tesla Shares Hit Record High Amid Post-Election Optimism, Closing At Over $420

Tesla shares reached a record high Wednesday, closing at over $420, fueled by post-election enthusiasm and Wall Street's optimism about Tesla’s AI potential. Shares in the EV giant have surged over 70%, with a 38% rally in November alone. Analysts from Goldman Sachs, Morgan Stanley, and Bank of America have recently boosted their ratings, citing growth potential in autonomous vehicles and Musk's influence in the Trump administration. Tesla's stock performance marks a sharp recovery from its 29% decline earlier this year.