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TSLA stock surged by 12.58% on September 14 as investors anticipate the battery technology day on September 22. Analysts say Tesla would soon be three to five years ahead of the competition in the battery market.
Analysts and Battery Experts Optimistic About Tesla and TSLA Stock
According to Steve LeVine, Medium’s editor at large, battery experts believe Tesla would soon distance itself from its competitors.
Musk’s major announcement on the battery technology day still remains uncertain. But if it is about the cost parity, LeVine emphasized he “may rattle the whole of the auto industry.”
Investors in the stock market appear to be taking the chances that Musk would shock the automotive industry.