Could Tesla (TSLA) Hit $700 a Share in 2025?
Or is $700 Is Just the Beginning?
I started buying stock in Tesla about three years ago. That was before the three-to-one stock split.
Basically, the stock did nothing but go up and down in a channel until mid to late 2024. Since the presidential election, the stock has soared to up to $435 a share as of this writing.
I now regret not buying as much as I could when the stock hovered just over $100 per share after the stock split.
You could nail down a few different reasons for this huge jump in price per share.
It could be the fact that Elon Musk and president-elect Donald Trump have become best buddies over the last four to five months.
That certainly doesn’t hurt; but I believe the reason Tesla stock has taken off is that analysts and retail investors alike are beginning to come to the realization that Tesla is not just a car company.
Not Just a “Car Company”
Tesla is not just building cars; it’s dismantling decades of legacy thinking and rebuilding industries around artificial intelligence, innovation, and autonomy.
One could argue that Elon Musk is the leading “disruptor” of our time.