share_log

特斯拉大多头:中国市场值每股300美元

Tesla, Inc. Daodou: the Chinese market is worth $300per share.

市場資訊 ·  Oct 26, 2021 21:39

TeslaThe share price broke through $1000 on Monday, with a market capitalization of more than $1 trillion. Daniel Ives (Daniel Ives) and John Cassinglis (John Katsingris) of Wade Bush Securities, a bullish analyst at Tesla, Inc., reiterated the stock's "outperform" rating and raised its target price to $1100 from $1000, compared with a target price of $1500 in a bull market.

In order to meet Wade Bush's bull market target of $1500, Tesla, Inc. needs to increase production to solve the "advanced problem" of demand exceeding supply, they said.

They say the key to alleviating these problems "focuses on" Austin and the Berlin "superfactory", which will solve Musk's current logistics problems in Europe, thereby alleviating Tesla, Inc. 's global production bottlenecks.

In addition, Tesla, Inc. needs to continue to be successful in China to justify his valuation. Wade Bush estimates that the Chinese market's contribution to Tesla, Inc. 's valuation is equivalent to $300 a share.

The Chinese market became a "star on the stage" after a headwind earlier this year, the two analysts said. In short, after solving public relations and security issues in the first half of the year, the Chinese market needs to continue to promote Tesla, Inc. 's development.

"Chinese demand rebounded [in the third quarter] and has been strong so far in October, as has been the case in Europe," Mr Ives said. This is a clear indicator of rising global demand for electric vehicles, with China taking the lead. "

Wade Bush says the electric car revolution is the biggest change in the auto industry since the 1950s. "to reiterate our long-term view on valuation, given that Tesla, Inc. will occupy an important position in the $5,000bn electric car market over the next decade, we regard Tesla, Inc. as a disruptive technology company," the two analysts said. not a car stock. "

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment