Tesla stock surged over 8% to around $393 during Wednesday’s session, marking its strongest gain in nearly nine months as investors reacted to improving sentiment ahead of its upcoming earnings report. The move comes after a period of pressure on the stock, with recent weakness now giving way to renewed interest driven by analyst upgrades and strategic shifts.
Analyst Upgrade Shifts Sentiment
A key driver behind the rally came from UBS, which upgraded Tesla to Neutral from Sell. The