Tesla Inc’s (NASDAQ: TSLA) impressive third-quarter earnings and earnings despite the effect of chip shortages imply a physically powerful electric vehicle trajectory for the Elon Musk-led company in the current quarter and beyond, according to analysts. at Loup Ventures and Wedbush Securities. Tesla Analysts: Wedbush analyst Daniel Ives maintained a superior performance score and a $1,000 value target for Tesla stock. Gene Munster of Loup Ventures believes Tesla’s sales can grow from $70 billion next year to $400 billion in 2027 and that inventory can succeed at $2,500 according to participation. Tesla’s Tesla: Ives, who is a longtime Tesla bull, said the company’s strong earnings velocity speaks to a more successful business in the long run and is key to a higher revaluation of the stock. Ives said the gross margin exceeded in the quarter shows greater power than the electric vehicle maker sees with Giga Shanghai in China. Tesla posted record gross margins of 28. 8% in the quarter, beating estimates of 25. 1%. See also: Tesla listings in California 58%, Model 3 tops the list “We think the Chinese call picked up in the quarter,” Ives said. Ives estimates that China would account for more than 40% of Tesla’s global deliveries in 2022 amid faster adoption of electric vehicles. In China, Tesla competes with competitors such as Nio Inc (NYSE: NIO) and Xpeng Inc (NYSE: XPEV). Analyst Loup states that “increased production power with gigawaways in Austin and Berlin, expansion in the expansion of high-margin software subscription driven by emerging FSD costs and FSD adoption, and an expected minimization of battery costs over time. “ Tesla weathered the chip crisis well in the third quarter, but warned that “parts shortages” cause factories to operate below capacity. electric cars and “we were a little surprised. “ Price Action: Tesla consistent with percentages closed up 0. 18% at $865. 80 consistent with consistent percentage on Wednesday. The stock fell 1. 36% in the extended hours. Click here for Benzinga’s EV Hub for the latest news on electric vehicles.