Tesla founder Elon Musk speaks at the unveiling event by "The Boring Company" for the test tunnel of a proposed underground transportation network across Los Angeles County, in Hawthorne, California, December 18, 2018.The analyst raised his rating on the electric car maker to equal weight from underweight. He also hiked his price target on the stock to $1,360 per share from $1,050 per share. However, the new target implies a 12-month downside of 16.
Jonas' upgrade comes just two months after he issued his underweight rating on Tesla. But the increasing prospects of Tesla building an electric-vehicle battery supply business has made the analyst more constructive on the stock.
Pro Huuuge mistake. Tesla makes obsolete batteries. Anything with Lithium, Nickel, Cobalt, and Magnesium has no future.
Pro
Pro I have made so much money by disregarding whatever Morgan Stanley says on the subject of Tesla They still don’t get it
Pro YOU FUCKERS WILL TAUNT ME BUT YOU WON'T TELL ME WHERE TO GO OR COME TO PICK ME UP EITHER. NOW I'M BEING SENT BACK TO THE DESERT AND ALL YOU HAVE TO SAY IS THAT I'M INTEGRATED?!?!?!?!?!?!?!?
Pro So teslas really still going up? 🙁
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Source: BusinessInsider - 🏆 729. / 51 Read more »