Gary Black Boosts Tesla Price Target By 27% To $380 Based On ‘Increased Conviction’ That Elon Musk-Led Company Will Launch $25K Hatchback

Tesla Inc. could see significant growth from a new budget electric vehicle offering, according to prominent investor Gary Black, who raised his price target for the EV maker by 27% to $380 from $300 on Monday, Dec. 9, 2024.

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