Tesla shares hit all-time highs now $420, exceeding analysts’ expectations, with some calling it the best investment among others

Elon Musk is celebrating another record, with some analysts predicting a hold below the current price and others predicting a 13.67% drop.

After hitting all-time highs, Tesla (NASDAQ:TSLA) shares continued to rise in after-hours trading on Friday. The stock closed up 5.93% at $424.77. After-hours, it rose another 0.89% to trade at $428.57.

Some investors called it their best investment among others. Meanwhile, analysts at Goldman Sachs (NYSE:GS) and Cantor Fitzgerald are predicting a 13.67% drop from the current price.

Elon Musk Celebrates Another Record as Tesla Shares Hit All-Time Highs Now at $420

Elon Musk celebrated another record on Friday as Tesla shares hit all-time highs following the announcement of the company’s best-ever vehicle deliveries for 2022. Some analysts are predicting a hold below the current price while others are predicting a 13.67% drop from the current price.

After hitting all-time highs, Tesla shares continued to rise in after-hours trading on Friday. The stock closed up 5.93% at $424.77. After-hours, it rose another 0.89% to trade at $428.57.

Some investors called it their best investment among others. Meanwhile, analysts at Goldman Sachs and Cantor Fitzgerald are predicting a 13.67% drop from the current price.

More About Tesla’s Share Price

Elon Musk reposted a prophetic post on X, which marked a new record for Tesla’s share price.

He was backed up by Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, in a succinct post on X.

Also Gary Black, managing partner at Future Fund LLC was delighted with the results.

The dynamics of Tesla's stock price are also noteworthy, in particular, closed the trading session with a gain of 5.93% and ended at $424.77.

According to Benzinga Pro data, the stock continued to rise in after-hours trading, rising another 0.89% to end at US$428.57.

Some investors called it their best investment, particularly Morgan Stanley, while Goldman Sachs and Cantor Fitzgerald average around $370, indicating a potential downside of 13.67%.

Conclusion

In reality, it is difficult to determine the extent to which Tesla has grown from the Elon Musk and Donald Trump connection, and how it has been influenced by his other companies and activity with DOGE.

However, the fact remains and a record has been achieved, making other companies and investors a force to be reckoned with.