Tesla (NASDAQ:TSLA) stock has been one of the hottest stocks since Donald Trump won the presidential election earlier this month. Now up nearly 38% since election day, TSLA shares are starting to get closer to the heights not seen since the start of 2022.

Tesla shares advanced to their highest level in two-and-a-half years as two analysts wrote optimistic opinions about the EV maker's future.

Tesla stock rallied to what would be a new 32-month high closing share price Monday, gaining 3% to extend its post-election rise to 41%.

On Sunday, Stifel analyst Stephen Gengaro raised his Tesla stock price target to $411 from $287. He kept his Buy rating.

Shares of Tesla, Inc. climbed over 3% on Monday morning, reaching a one-week high after bullish notes from two Wall Street analysts. Roth MKM upgraded Tesla to ‘Buy’ from ‘Neutral’ and more than quadrupled its price target to $380 from $85.