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HermioneG
2021-12-29

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Why Tesla Stock Is in a ‘Clear Position of Strength’ Heading Into 2022

Tesla “is in a clear position of strength heading into 2022,” according to analysts at Wedbush, who

Why Tesla Stock Is in a ‘Clear Position of Strength’ Heading Into 2022

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The Wedbush analysts, led by Dan Ives, wrote in a note they were maintaining their Outperform rating on the stock.Tesla fell 0.5% to $1,088.47 on Tuesday. The stock has gained 54.5% in 2021 and its market capitalization has moved above $1 trillion.Ives said the “linchpin to the overall bull thesis on Tesla remains China,” and he estimated the country will make up 40% of deliveries for the electric-vehicle maker in 2022.  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Why Tesla Stock Is in a ‘Clear Position of Strength’ Heading Into 2022

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