Shares of the billionaire's Tesla Motors have surged 40 per cent since December 1, putting the stock within reach of a 52-week high. And the clean-energy evangelist has the ear of a surprising fellow in Washington: President Donald Trump. Tesla's shares crossed above analysts' 12-month price target as of this week and are trading at about $254, the highest since April. Tesla slipped less than 1 per cent to US$252.20 at 12:48 p.m. Thursday, about $7 above analysts' average price target. It's a positive that Elon and Tesla are being recognized for the role that they are playing."

Source: New Zealand Herald January 26, 2017 21:22 UTC