How do I upgrade the version of a Laravel project? do I have to go through each and every update? (I have to go from 5.0 to 10.x)

I am a web development Intern, I am inexperienced. I have to upgrade my Laravel project from the version 5.0 to 10.x, should I incrementally update through each and every versions like 5.1, 5.2 , (5. ....) ... to 8.x, 9.x, 10.x? or is there are anything that web developers do to make it simple? also, can I copy and paste all the elements like models, views and controllers into a new project according to the new directory structure?

I tried to ask chatGPT about this and it said that I will have to go through each and every upgrade.

via Chebli Mohamed