As Tesla's rapid expansion in China drove much of the analyst's present-day target, Ives pointed to the company's upcoming "Battery Day" as the next catalyst to push shares higher. The event is slated to reveal new "game-changing" battery technologies, including a cell that could last for one million miles.
The announcement could also reduce battery production costs closer to the key $100-per-kilowatt-hour level. Reaching the threshold would "give Tesla much more financial flexibility around pricing its current and future EV models" in line with gas-powered rivals, Ives added.Wedbush maintains a "neutral" rating on the electric-car company. Tesla traded at $1,003.09 per share as of 9:42 a.m. ET Wednesday, up 140% year-to-date.
And trillions in government subsidies and handouts. The stock that allows people to buy Government LARGESSE.
I love Tesla cars, and I can see stock price of $1,500 being a distinct possibility. I envisioned $900 9 months ago, based on my experience driving one. Now the price is $1,005.
Game changing battery, think robo-taxies !
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
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