Tesla was up 15% to $154.81 earlier today. Tesla is now up 17.6% to $157.87.
Shares surged after-hours on Wednesday after Tesla's Q2 earnings report beat expectations.
The company reported Q2 profit of $0.20 per share, on revenue of $405 million. This beat expectations for a loss of $0.19 per share, on revenue of $387.9 million.
Goldman Sach's Patrick Archambault has since raised his six-month price target to $95 from $84. But he thinks at today's price, the stock is expensive, even in their most optimistic scenario.
Here's a look at Tesla's intra-day chart:
More From Business Insider
- Tesla SHOCKS Investors Again With A Surprise Profit
- Tesla Reported Its First Profit Last Quarter, And Today Everyone's Expecting A Big Loss
- Tesla Down 6%
- Investment & Company Information