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2021-11-19

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Tesla Price Target Boosted to $1,400 as EV Maker Seen Owning Big Chunk of ‘EV Revolution’

Tesla‘s price target was raised to $1,400 at Wedbush, with analysts saying that the electric-vehicle

Tesla Price Target Boosted to $1,400 as EV Maker Seen Owning Big Chunk of ‘EV Revolution’

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He also estimated that China was “worth $400 per share to the Tesla story for 2022.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Price Target Boosted to $1,400 as EV Maker Seen Owning Big Chunk of ‘EV Revolution’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Price Target Boosted to $1,400 as EV Maker Seen Owning Big Chunk of ‘EV Revolution’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-tsla-stock-price-target-raised-electric-vehicle-revolution-51637315213?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla‘s price target was raised to $1,400 at Wedbush, with analysts saying that the electric-vehicle “revolution” presents a $5 trillion market opportunity “over the next decade with Tesla leading the...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-tsla-stock-price-target-raised-electric-vehicle-revolution-51637315213?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-tsla-stock-price-target-raised-electric-vehicle-revolution-51637315213?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174552251","content_text":"Tesla‘s price target was raised to $1,400 at Wedbush, with analysts saying that the electric-vehicle “revolution” presents a $5 trillion market opportunity “over the next decade with Tesla leading the way.’\nTesla (ticker: TSLA) shares rose 0.8% in premarket trading Friday to $1,104.55. The stock has gained 3% over the past five days and nearly 23% over the past month.\nWedbush analyst Dan Ives’ $1,400 price target, up from $1,000, matches the Wall Street-high of Jefferies, according to FactSet.\nAnalysts surveyed by FactSet have an average price target on the stock of $839.75.\nIn a note, Ives wrote that the infrastructure bill signed by President Joe Biden “kicks off the first phase of EV infrastructure (charging stations, tax credits) build outs signaling a new era of adoption for electric vehicles in the U.S.”\nThe infrastructure bill, signed earlier this week by the president, will create the first national network of electric vehicle charging stations.\nIves noted how the U.S. has been a “laggard” in the acceleration to electric vehicles, with just 2% of domestic vehicles being EVs.\nThe analyst said he expects that electric vehicles globally will represent 10% of autos by 2025 and 30% by 2030.\nIves wrote that Wedbush believes there are $5 trillion of “auto/software driven market dollars up for grabs” with Tesla likely to own $2.5 trillion it. He noted that traditional auto makers such as General Motors (GM) and Ford (F) and upstarts like Lucid Group (LCID) and Rivian Automotive (RIVN) also will be “going after massive consumers dollars up for grabs the next decade.”\nWhile Ives boosted his price target to $1,400, his bull case remains $1,800. The linchpin for Tesla, he wrote, remains China, which he estimated will represent 40% of deliveries for the EV maker next year. He also estimated that China was “worth $400 per share to the Tesla story for 2022.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1045,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":17,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}