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Top analyst overhauls Tesla stock price target amid post-election surge

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Tesla shares powered higher Monday , extending an impressive autumn rally that included a $230 billion boost in market value last week .

Wall Street analyst Dan Ives issues a bullish outlook for the group's self-driving ambitions.

Ives sees a Trump White House as a "gamechanger for the autonomous and AI story for Tesla and Musk over the coming years ".

Tesla shares were marked 7% higher in premarket trading to indicate an opening bell price of $ 343.6 each, a move that would take the stock's six-month gain to around 100% . Related: Veteran fund manager sees world of pain coming for stocks.