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Tesla's ( TSLA, Financial) stock value rose around 2% at the premarket Tuesday session because the company has maintained strong market gains since last year. Investor optimism about Tesla's AI and robotics potential led analyst Adam Potter from Piper Sandler to raise the company's share price valuation to $500.

Tesla will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with prices of Model 3 going up by as much as C$9,000.