There has been a shakeup in the trillion-dollar market cap club, as both Tesla (TSLA) and Broadcom (AVGO) have recently joined the ranks. While Broadcom is a new entrant - and only the second chip company to command a market cap of over $1 trillion,

Tesla shares powered to their highest close in years on Friday, and BofA Securities recently laid out reasons why they can continue to rally.

While we’re still over a month away from Tesla’s (TSLA) next financial earnings report, the company’s stock has seen some positive activity over the past several weeks. After continuously climbing in value, Tesla stock reached over $422 per-share, a new all-time record for the electric vehicle company.

Key Takeaways Wedbush again raised its price target on Tesla stock on expectations the new Trump administration will give the EV maker's self-driving and artificial intelligence efforts a boost.The analysts lifted the price target to $515 from $400,

Tesla stock was rising early Monday after a Wall Street analyst hiked his price target for shares materially. This one is a little different. Wedbush analyst Dan Ives raised his now Street-high price target to $515 a share from $400 Sunday.