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Intrday, Tesla's stock price rose 3.7% in the US stock market. Analysts from Stifel and TD Cowen previously pointed out that this electric car manufacturer's innovations in the field of autonomous driving products include its fully automated driving plan and unmanned taxi project. Stifel analyst Stephen Gengaro raised Tesla's target price from $483 to $508, citing progress in the company's fully automated driving and unmanned taxi products; Gengaro maintained a buy rating on the stock. The new target price implies a 26% upside from the latest closing price. TD Cowen also maintained a buy rating on Tesla, with their analyst team's target price at $509.
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