BlockBeats News, recently, it was reported that Elon Musk will officially step down from his position at the US Department of Efficiency by the end of May, focusing on his core businesses in the technology and commercial sectors. At the same time, the renowned investment bank Wedbush Securities released a new report, raising Tesla's stock target price from $350 to $500, reflecting the market's optimistic outlook on Tesla's future growth prospects.

As a global leader in electric vehicles and new energy, Tesla has been consistently driving forward in technological innovation and market expansion, pushing its stock price up. Wedbush's adjustment further enhances investors' confidence in Tesla's long-term value.

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