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Tesla shares rise on record Cybercab registrations in Texas

Tesla shares climbed nearly 1% overnight as the company registered 150 additional Cybercabs in Texas, while Tigress Financial set a $550 price target.

TSLA

Tesla shares climbed nearly 1% overnight heading into Friday after the EV company registered a record 150 additional Cybercabs in Texas, while Tigress Financial cited five growth drivers behind a $550 price target that implies nearly 50% upside. TSLA stock fell 1% on Thursday to $375.