The Digital Source For China's Tech Innovation Since 2000

Tesla China effort touted, price target lifted to $1,400 at Wedbush | TheSpec.com

November 20, 2021
Source: thespec.com thespec.com
News Snapshot:
Shares of Tesla (TSLA) edged higher Friday after analysts at Wedbush raised their price target on the electric-vehicle maker to $1,400 (U.S.) a share, betting on China, which is likely to represent 40 per cent of deliveries for the EV maker in 2022. “We estimate the China story is worth $400 per share to the Tesla story for 2022 and are raising our price target from $1,100 to $1,400 with our bull case remaining $1,800,” Wedbush analysts Dan Ives and John Katsingris told investors in a note published Friday. Wedbush has an outperform rating for Tesla. “While [public relations]/safety headwinds...
Go To Original Source →
Tags: auto | Business | Canada | China | clean energy | consumer | content | copyright | distribution | electric vehicle | energy | EV | Ford | green | Palo Alto | public relations | report | safety | share | shares | standards | Tesla | Toronto | U.S. | vehicle

Other Related News:

Russia’s Victory Day parade begins, marking the 80th anniversary of the defeat of Nazi Germany

May 9, 2025

Genesis to tackle electric, plug-in hybrid BMW, Benz SUVs with new range-extender

May 9, 2025

Ban this foreign filth! Can cinema really threaten national security?

May 9, 2025

The Irish companies doing business in China: ‘The revenue potential for us is €300 million’

May 9, 2025

Scientists Have a Radical Plan to Grab a Sample of Venus's Toxic Atmosphere

May 9, 2025

Here's a peak inside the new grocery store in Vancouver

May 9, 2025

UK-US pact neither a free-trade agreement nor broad trade deal of Brexiteer dreams

May 9, 2025

German defense firm partners with Iceye to build SAR satellites

May 9, 2025

The US is reportedly encouraging countries to adopt Musk’s Starlink in tariff trade talks

May 9, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter