TESLA BEAT DELIVERY ESTIMATES, S&P500 INCLUSION IMMINENT! | TSLA STOCK NEWS
Tesla stock received an upgraded price target from Wedbush analysts. They increased their price target on the stock from $1000 to $1250 per share with a bull case scenario of $2000. This is positive news for Tesla shareholders as this highlights significant upside for Tesla.
Tesla stock just reached an all time high of $1228 per share after reporting 90,650 deliveries, beating analyst expectations of 72,000 units delivered.
As a long term investor, short term market sentiments doesn't influence my view on a stock, but good news is still cheerful. Tesla stock is misunderstood by the majority of stock analysts as they continue to compare it with the legacy ICE automakers, but they are wrong.