According to StockMKTNewz, Wedbush analyst Dan Ives has increased his price target for Tesla (TSLA) to $500 from $350 while maintaining an Outperform rating (source: StockMKTNewz on Twitter, May 23, 2025). This bullish revision reflects growing confidence in Tesla's earnings outlook and innovation pipeline. For crypto traders, Tesla’s positive momentum could drive more institutional interest into related digital assets such as Bitcoin and Ethereum, as Tesla has historically influenced crypto market sentiment through its corporate treasury decisions (source: StockMKTNewz). Traders should monitor TSLA movements for potential spillover effects into crypto markets.