Tesla Rises 6% as Barclays Upgrade Cites SpaceX Merger Potential; Lucid Drops 4%, Rivian Slips

Tesla Rises 6% as Barclays Upgrade Cites SpaceX Merger Potential; Lucid Drops 4%, Rivian Slips

A Barclays upgrade tied to merger potential is splitting the electric vehicle group, lifting its largest name while two smaller rivals slip. Tesla (NASDAQ:TSLA | TSLA Price Prediction) stock is up 6%, trading at $394.72, a gain that pushes a possible takeover premium into how the market values the car maker. Meanwhile, Lucid Group (NASDAQ:LCID) […]

Tesla Stock, Upgraded On SpaceX Prospects, Takes A Run At Resistance

Tesla stock rises to test resistance after an upgrade and price target hike cite core business strength and a possible SpaceX merger.

Buy Tesla ahead of potential SpaceX merger, says Barclays

A potential merger with SpaceX makes Tesla a buy, according to Barclays.

Barclays Raises Tesla Rating on Potential SpaceX Combination

The bank moved Tesla to overweight from equal weight and lifted its price target to $450 from $370. Analyst Dan Levy also cited projections for growth in Tesla’s auto business and energy shipments.

Barclays Upgrades Tesla Stock on Potential SpaceX Merger Prospects - Archyworldys

Tesla shares could climb 21% from their recent close as Barclays upgrades the electric vehicle stock to overweight from equal weight and hikes its price target to $450 from $370, driven largely by expectations of a potential merger with SpaceX. Barclays Upgrade Cites SpaceX Merger Potential The recent dialogue around Tesla has skewed heavily to ...