Tesla remains the “top buy-and-hold” stock for analysts at Piper Sandler, who massively raised their price target for the electric vehicle maker Monday.

Tesla’s stock surges ahead of Inauguration Day, as investors bet on CEO Elon Musk’s ability to influence Federal rule making.

Tesla's ( TSLA, Financial) stock value rose around 2% at the premarket Tuesday session because the company has maintained strong market gains since last year. Investor optimism about Tesla's AI and robotics potential led analyst Adam Potter from Piper Sandler to raise the company's share price valuation to $500.

Following Donald Trump's victory in the U.S. presidential election on Nov. 5, Tesla stock found new life. Between Nov. 4 and Dec. 31, shares gained 66.3%, and the company reclaimed its position in the trillion-dollar club.

Elon Musk, the wealthiest man ever, may soon see his fortunes diverge as Tesla faces a rollercoaster ride while SpaceX's valuation continues to move in a step function.

Tesla (NASDAQ:TSLA) may see its core EV business facing some challenges, but its lofty valuation reflects confidence in future game-changers like