$Tesla(TSLA.US)$ On Tuesday, wedbush Securities analyst Daniel Ives, a...
$Tesla(TSLA.US$ On Tuesday, wedbush Securities analyst Daniel Ives, a prominent Tesla bull, reiterated his "buy" rating and $1,400 price target on the stock. He is bullish about Tesla's prospects in the Chinese market, which he estimates will account for 40% of the company's deliveries in 2022. Ives estimates Tesla's annual production capacity will rise to about 2 million vehicles by the end of 2022 from about 1 million now, as demand outstrips supply.
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