Jefferies: “Tesla Should Take Advantage Of Shares Re-Rating 30% Back >$1Trn Since Trump’s Election To Raise Equity”
Wall Street turned uber-bullish on Tesla en masse from the moment it became clear that Trump had secured another stint at the White House, helped along by the pivotal role played by Elon Musk in the presidential campaign. Now, a Jefferies analyst wants Tesla to take advantage of its ongoing stock rally, one that has seen its market capitalization soar above $1 trillion, to raise fresh capital. Jefferies Raises $TSLA PT to $300 from $195 - Hold Analyst Comments: "Tesla should take advantage of shares re-rating 30% back >$1trn since Trump’s election to raise equity. Assuming markets remain competitive, de-regulation […]