Tesla Stock Soars Over $400 as Rumors of a Lower-Priced Model Add Fuel to the Fire

The lower-priced model could add new buyers to Tesla's (NASDAQ: TSLA) brand.

*Stock prices used were the afternoon prices of Dec. 9, 2024. The video was published on Dec. 11, 2024.

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*Stock Advisor returns as of December 9, 2024

Parkev Tatevosian, CFA has the following options: long December 2026 $120 puts on Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.