Tesla shares closed at $395.23 on November 20, 2025, down 2.17%, after a period of gains fueled by President Trump's announcement of interest deductions for EV purchases and a major Saudi-backed AI data center deal involving Elon Musk's xAI. Analysts have generally turned more positive, with several recent upgrades and target price increases, including Stifel raising its target to $508 and Wedbush maintaining an 'Outperform' rating with a $600 target. Despite this optimism, Tesla's stock retreated as broader tech weakness took hold, with Nvidia shares also falling after an initial earnings-driven surge. The pullback aligns with a wider risk-off mood in markets, especially for high-growth and AI-related stocks.