Tesla CEO Elon Musk said he was quick to respond to a question from a netizen about whether Disney Plus could be added to Tesla’s cinema features. Tesla’s shares rose nearly 2 percent in mid-day trading Thursday, hitting another intraday high. Tesla’s share price has soared in the past three months, rising nearly 80 percent.
Wedbush analyst Dan Ives previously maintained Tesla’s neutral rating and raised its target price to $370 from $270.
The investment bank said Tesla’s demand outlook in China and Europe would drive the company’s share price.