Part 3/9:
Fast forward to 2023, and Irwin has unexpectedly raised his price target for Tesla stock from $85 to $380 per share. The drastic change begs the question: what has changed? He cites potential improvements in battery cost-effectiveness, upcoming government policies favoring EVs due to the impending Trump administration, and a shifting market dynamic that appeals more to conservatives who are now considering Tesla as a viable option.