Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.

Cathie Wood and her company, Ark Invest, are known for investing heavily in emerging technology and artificial intelligence.

Tesla stock climbed more than 3% to $470.38 in early trading on Monday, placing it within 4% of its all-time high of $488.54 reached in December 2024.

Tesla remains the leader of the EV revolution, dominating global market share despite the stock’s recent struggles. The company faces numerous headwinds, which could ultimately impact its long-term performance.

In an intriguing twist to the story showing how volatile the electric vehicle market is, one Tesla customer was able to negotiate a massive 12,000-dollar discount on his order despite being initially informed that such a discount was not available.