Former Tesla Executive Martin Viecha Drives Home 'Absurdly Fast' Model 3 Performance With FSD After Considering Rival EV Models: 'Premium Sedan That's Porsche-Fast'
"American electric car leader" may be in trouble, but Tesla still surged overnight, only because of this report.
Investment bank Stifel is bullish, stating that the new Model 3 and upcoming refreshed Model Y can boost sales, and with technological advantages, the company still has sufficient room for growth in the future.
Tesla has no competitors in the EV field! US investment bank Stifel highly recommends it: it is more like a technology giant and can rise another 35%.
Stifel has rated Tesla's stock as "buy" for the first time, with a target price of $265. The analyst at the investment bank said that Tesla is unparalleled in the electric car market. Compared to the title of "automotive giant", Tesla is more like a technology giant.
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U.S. stocks close | S&P 500 rises for two consecutive days, Amazon up nearly 4%, with a market cap exceeding $2 trillion; shareholder meetings could not reverse the decline, and Nvidia barely closed up.
The Dow Jones Industrial Average closed slightly higher, still hovering near its weekly low, while the seven sisters of American technology stocks rose together, with Tesla up nearly 5%; Micron's financial report is bullish but the guidance is not enough to surprise, and it fell more than 9% after hours; China concept stocks index is hovering near a ten-week low, with NIO Inc. up more than 6%.
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