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Oct 27, 2025 8:01 PM

Tesla Stock Is Taking Off Today: Here's Why

Tesla Inc (NASDAQ:TSLA) shares are surging higher on Monday amid positive analyst coverage from Cantor Fitzgerald. Here’s what you need to know.

TSLA is surging to new heights today. See what is driving the move here.

What Happened: Cantor Fitzgerald boosted its Tesla price target from $355 to $510 per share, maintaining an “Overweight” rating based on continued confidence in the company’s long-term growth prospects, according to Teslarati.

Analyst Andres Sheppard reportedly said his updated valuation is driven by upcoming production goals for the Cybercab, Semi and Optimus, combined with growing potential in Tesla's Energy and self-driving projects.

Sheppard noted Tesla has indicated that volume production for the Cybercab, Semi and Megapack 3 remains on track for fiscal 2026, with Optimus manufacturing ...