Tesla Inc.’s post-election surge, powered by Elon Musk’s full-throated support for Donald Trump, has added almost $250 billion to the carmaker’s value, a staggering sum that now has some on Wall Street urging caution.

Shares in the electric vehicle maker have soared 31% since Trump’s decisive win, leaving analysts’ price targets in the dust.

The magnitude” of Tesla stock’s near 40% rally from Election Day through Monday “surprised us,” wrote Deutsche Bank analyst Edison Yu.

1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst was originally published by The Motley Fool One of Wall Street's most accurate advisors predicts the S&P 500 is headed to 15,000 by 2030.

Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president.