What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 4.2% in the pre-market session after Cantor Fitzgerald analysts upgraded the stock from Neutral to Buy. The analysts added,

TSLA stock has declined significantly from its recent peak, but that peak was mostly due to a wave of hype after Donald Trump was elected. Elon Musk’s involvement was seen as a bullish thing not only for Tesla, but for the broader economy and many Tesla investors thought this could bring about a boom for the company as Musk gains sway in D.C.

The company didn’t shy away from making bold claims in its Q4 shareholder deck, touting 2025 as a “seminal year” in the company’s history. A major focus is the advancement of Full Self-Driving (FSD), with Tesla setting its sights on surpassing human safety levels and introducing an unsupervised FSD option for customers.