4:48 PM · 3 December 2020

Tesla stock rose 4% after Goldman Sachs upgrade

Tesla (TSLA.US) stock rose 4% after Goldman Sachs upgraded the electric carmaker to “buy” from “neutral,” and raised its price target to $780. Goldman analysts' believe mainstream adoption of electric vehicles is accelerating, battery prices are falling fast, and government regulations will eventually phase out higher-emission vehicles. According to the bank's strategists, also other clean-energy products like solar panels and roof installations for homes, will add to Tesla's long-term sales and potential. Meanwhile Michael Burry, whose bet against the housing market was made famous by the movie  "The Big Short," said he is shorting Tesla’s stock. Burry advised CEO Elon Musk to issue more shares while they sit at their "ridiculous" levels. "That's not dilution. You'd be cementing permanence and untold optionality," said Burry.
TESLA (TSLA.US) stock launched today's session higher, however buyers struggle to break above the psychological resistance level at $600.00 which coincides with early broken upward trendline. This could potentially mean that the correction move may be on the cards. Near-term support is located at $555.00 level. Source: xStation5
14 August 2026, 1:00 PM

Market Wrap: European software stocks keep indices near record highs. Dollar gives up this week's gains (14.08.2026)

14 August 2026, 10:25 AM

Reddit joins the S&P 500, shares surge 12% 📈 From a niche forum to the heart of Wall Street

13 August 2026, 7:13 PM

Daily Summary: S&P 500 at a New ATH (13.08.2026)

13 August 2026, 4:05 PM

US Open: S&P 500 close to highs - as September Fed hike chances fall (13.08.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits