(FAP)-- Tesla's pre-market share price rose 2% to US $264 per share, the highest level since October 2022, after the company raised the price of the US MODEL Y model. The company is set to record gains for 14 consecutive trading days, after Tesla's total market capitalization increased by $240 billion to $820 billion in the previous 13 consecutive gains. In the past few weeks, a number of positive factors have pushed up Tesla's share price, including General Motors' announcement that the next generation of electric vehicles will adopt Tesla charging standards, Tesla Model 3 can enjoy a subsidy of 7500 US dollars in the United States, Tesla raised the price of the American MODEL Y model, and so on. Wade Bush on Friday sharply raised his 12-month target price for Tesla shares to $300 from $215, saying Tesla's share price is expected to soar 22% in the coming year.