Part 3/14:
Tesla's stock breaking above and holding above the psychologically significant $300 mark has been a critical technical breakthrough. Such barriers, often viewed as psychological thresholds, tend to trigger increased buying among traders and institutional investors. Following this, major financial institutions like CFRA and Bank of America have revised their price targets upwards—CFRA raised Tesla's target to $375, and Bank of America increased theirs to $350, citing the favorable political climate—particularly the anticipated benefits from the election outcome and regulation shifts concerning autonomous vehicles.