Tesla's stock reached an all-time high of $426.50 on December 12, 2024, marking a significant increase since its IPO at $17 per share in June 2010. This surge represents a remarkable return of approximately 37,500% for investors who held their shares since the company's initial public offering. Analysts have noted that Wall Street's 12-month forward price target for Tesla has risen from $220 in October to $271, indicating a growing confidence in the stock despite prior skepticism. Meanwhile, speculation is mounting regarding Tesla's potential launch of the Cybertruck in China, following recent regulatory filings. The stock's performance has attracted considerable attention, with some investors purchasing large quantities of options, including $840 calls for May 2025, valued at nearly $4 million. The enthusiasm surrounding Tesla's stock has led to a notable increase in trading activity, with many investors expressing optimism about the company's future prospects.