Tesla stock hit an all-time intraday high Wednesday as it rose for a sixth-consecutive session, with investors anticipating a record close for the shares. Over the past five years, the shares have been above the average target price more than half of the time.

Tesla's previous all-time high was $414.49/share in 2021. While we’re still over a month away from Tesla’s (TSLA) next financial earnings report, the company’s stock has seen some positive activity over the past several weeks.