Tesla's stock price is rising, analysts are focusing on the progress of its autonomous driving products.

Tesla's stock price rose by 3.7%, as analysts from Stifel and TD Cowen pointed out the innovation of this electric car manufacturer in the field of autonomous driving products, including its fully autonomous driving plan and unmanned taxi project. Stifel analyst Stephen Gengaro raised Tesla's target price from $483 to $508, citing progress in the company's fully autonomous driving and unmanned taxi products; Gengaro maintains a buy rating on the stock. The new target price implies a 26% upside from the latest closing price. TD Cowen maintains a buy rating on Tesla, with their analyst team's target price at $509.