Tesla gets 30% price target boost as analyst ponders 650k annual sales in China alone

Read The Full Article On: Teslarati

Recent news about Tesla stock (NASDAQ:TSLA) have mostly been focused on the recent downgrades it received from Wall St, but amidst analysts’ more cautious stance on the company, the electric car maker actually received a 30% higher price target from Piper Sandler. The firm noted that its more optimistic outlook was due to the potential of Tesla in China. 

In a recent note to clients, Piper analyst Alexander Potter stated that the Made-in-China Model 3 could end up being successful. Provided that the Model 3’s market share in the United States can be replicated in China, the all-electric sedan could help Tesla boost its delivery volumes to record levels. 

Read The Full Article On: Teslarati

https://juicebarads.wpengine.com/2020/01/10/mercedes-benz-presents-the-vision-avtr-concept/

Leave a Reply