The Graniteshares 2x Long TSLA Daily ETF (TSLR) closed at $49.96 on December 23, 2024, marking a 4.8% increase, as Tesla's stock surged on positive analyst ratings and strategic advancements. Tesla's stock has been buoyed by Mizuho's upgrade to an "outperform" rating with a target price of $515, reflecting confidence in Tesla's autonomous vehicle market performance and its Full Self Driving technology nearing a potential launch for its Robotaxi service. Additionally, Tesla's strategic expansion into battery storage and AI sectors has bolstered investor sentiment. Barclays expects Tesla to report Q4 deliveries of 515,000 units, slightly above consensus, which could maintain the stock's momentum. However, the firm notes that Tesla's fundamentals are overshadowed by technicals and options, with the stock's multiple rising to 145-times 2025 earnings estimates.