
Following the recent surge in Tesla's stock price, analysts and commentators are expressing strong bullish sentiments regarding the company's future. Tom Narayan from RBC Capital Markets highlighted that Tesla's self-driving capabilities justify its market capitalization more than its car sales. Jim Cramer, a prominent financial commentator, reinforced this view, stating that there is nothing that diminishes the case for owning Tesla stock. He emphasized that the appeal of Tesla is not solely tied to President-elect Donald Trump's potential easing of U.S. self-driving regulations, but also to CEO Elon Musk's leadership. Cramer noted that while he does not support a national self-driving mandate, the 'Musk premium' could yield benefits in various forms, such as favorable municipal regulations and Tesla rentals near federal highways. Additionally, RBC Capital pointed out that Tesla's advancements in autonomy and artificial intelligence could further justify its valuation, with speculation that the company's market cap could reach $2 trillion soon. As enthusiasm builds, some investors are committing to long-term positions in Tesla, with one notable investor stating he would never sell his shares again.
Tesla Stock RIPS Higher Jim Cramer Torn Hater OWNED $TSLA https://t.co/0XzIgJqBJm
BREAKING: MEET KEVIN SAYS HE’S “NEVER GOING TO SELL $TSLA AGAIN” 👀 He says he’ll buy all the dips as well ! https://t.co/FR05E1faMC
If Waymo with a potential valuation of $350B to $850B by 2030 then what would be Tesla's potential? Show your napkin math. $TSLA https://t.co/dO5pXFkxGF


