What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 3.8% in the afternoon session after Wedbush analyst Dan Ives reiterated his $600 price target, declaring 2026 a pivotal "monster year" for the EV giant.

Tesla stock climbed 4% in early trade, nearing its all-time high of $488.54 reached almost one year ago. The appearance of a Robotaxi testing in Austin without a safety driver echoes what Musk claimed earlier this month when he predicted Tesla was weeks away from unsupervised robotaxis.

Wood, who is CEO and chief investment officer (CIO) of privately held investment management firm Ark Invest, has sold a lot of TSLA stock in recent days. Regulatory filings show the ARK Innovation exchange-traded fund (ETF) sold 60,898 Tesla shares on Dec. 12. The ARK Next Generation Internet ETF sold 27,095 Tesla shares on the same day.

Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.

Tesla board member and Elon Musk’s brother, Kimbal Musk, is back to selling Tesla (TSLA) stocks. According to a

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight for Investors. On December 11, Barclays reiterated the stock as “Equal Weight” with a $350 price target.