Tesla Is Seen by Wedbush as Being Back on Track to Reach a $1 Trillion Market Cap

seekingalpha06-21

Wedbush Securities thinks the stars could be potentially lining up for Tesla to take a ride to a $1 trillion market cap.Tesla shares gained 1.09% in morning trading.Analyst Dan Ives said that with the...

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This week saw five bullish articles posted and three cautious articles hit the digital presses.Shares of Tesla fell 0.20% premarket to $181.21. The stock has traded mostly in the $170 to $185 range over the last six weeks.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":319297970503904,"gmtCreate":1718982810679,"gmtModify":1718982814379,"author":{"id":"4168324546318202","authorId":"4168324546318202","name":"Adam555","avatar":"https://community-static.tradeup.com/news/619a0bd17327a132f8f9873396d8de60","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4168324546318202","authorIdStr":"4168324546318202"},"htmlText":"[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;","listText":"[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;","text":"[What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/319297970503904","repostId":1185802267,"repostType":2,"repost":{"id":"1185802267","pubTimestamp":1718976984,"share":"https://ttm.financial/m/news/1185802267?lang=&edition=fundamental","pubTime":"2024-06-21 21:36","market":"us","language":"en","title":"Tesla Is Seen by Wedbush as Being Back on Track to Reach a $1 Trillion Market Cap","url":"https://stock-news.laohu8.com/highlight/detail?id=1185802267","media":"seekingalpha","summary":"Wedbush Securities thinks the stars could be potentially lining up for $Tesla(TSLA)$ to take a ride to a $1 trillion market cap.Analyst Dan Ives said that with the Elon Musk compensation package finis","content":"<html><head></head><body><p>Wedbush Securities thinks the stars could be potentially lining up for <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> to take a ride to a $1 trillion market cap.</p><p>Tesla shares gained 1.09% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e157aee8998f63225735dc582557aea7\" tg-width=\"790\" tg-height=\"633\"/></p><p style=\"text-align: left;\">Analyst Dan Ives said that with the Elon Musk compensation package finished, the next step is for the Tesla board to get Musk to an incentive-driven 25% ownership stake of Tesla that should resolve the AI threat saga over the last few months and keep the crucial AI initiatives under the company&#39;s hood.</p><p style=\"text-align: left;\">Looking ahead, Ives and his team believe the August 8th robotaxi day will be a key historical moment for the Tesla story and act as a near-term catalyst for the stock. Ives thinks the ultimate key to reaching a $1 trillion and higher valuation is the autonomous and FSD vision taking hold for Tesla. It was highlighted that vision appears to be turning a corner with the latest FSD v12.4 and China FSD testing underway.</p><p style=\"text-align: left;\">&#34;In a nutshell, we see positive catalysts ahead for Tesla and a compelling risk/reward stock with August 8th Robotaxi Day and a 2H rebound potentially in the cards after a very choppy 1H demand performance.&#34;</p><p style=\"text-align: left;\">Wedbush Securities has an Outperform rating on Tesla (TSLA) and bull case price target of $350. The view on the stock is that it is more of an AI and robotics play for investors. In a nutshell, we see positive catalysts ahead for Tesla and a compelling risk/reward stock with August 8th Robotaxi Day and a 2H rebound potentially in the cards after a very choppy 1H demand performance.</p><p style=\"text-align: left;\">On Seeking Alpha, analysts are still somewhat divided on Tesla (TSLA). This week saw five bullish articles posted and three cautious articles hit the digital presses.</p><p style=\"text-align: left;\">Shares of Tesla fell 0.20% premarket to $181.21. The stock has traded mostly in the $170 to $185 range over the last six weeks.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is Seen by Wedbush as Being Back on Track to Reach a $1 Trillion Market Cap</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is Seen by Wedbush as Being Back on Track to Reach a $1 Trillion Market Cap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-21 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4117908-tesla-is-seen-by-wedbush-as-being-back-on-track-to-reach-a-1-trillion-market-cap?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wedbush Securities thinks the stars could be potentially lining up for Tesla to take a ride to a $1 trillion market cap.Tesla shares gained 1.09% in morning trading.Analyst Dan Ives said that with the...</p>\n\n<a href=\"https://seekingalpha.com/news/4117908-tesla-is-seen-by-wedbush-as-being-back-on-track-to-reach-a-1-trillion-market-cap?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/news/4117908-tesla-is-seen-by-wedbush-as-being-back-on-track-to-reach-a-1-trillion-market-cap?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1185802267","content_text":"Wedbush Securities thinks the stars could be potentially lining up for Tesla to take a ride to a $1 trillion market cap.Tesla shares gained 1.09% in morning trading.Analyst Dan Ives said that with the Elon Musk compensation package finished, the next step is for the Tesla board to get Musk to an incentive-driven 25% ownership stake of Tesla that should resolve the AI threat saga over the last few months and keep the crucial AI initiatives under the company's hood.Looking ahead, Ives and his team believe the August 8th robotaxi day will be a key historical moment for the Tesla story and act as a near-term catalyst for the stock. Ives thinks the ultimate key to reaching a $1 trillion and higher valuation is the autonomous and FSD vision taking hold for Tesla. It was highlighted that vision appears to be turning a corner with the latest FSD v12.4 and China FSD testing underway.\"In a nutshell, we see positive catalysts ahead for Tesla and a compelling risk/reward stock with August 8th Robotaxi Day and a 2H rebound potentially in the cards after a very choppy 1H demand performance.\"Wedbush Securities has an Outperform rating on Tesla (TSLA) and bull case price target of $350. The view on the stock is that it is more of an AI and robotics play for investors. In a nutshell, we see positive catalysts ahead for Tesla and a compelling risk/reward stock with August 8th Robotaxi Day and a 2H rebound potentially in the cards after a very choppy 1H demand performance.On Seeking Alpha, analysts are still somewhat divided on Tesla (TSLA). This week saw five bullish articles posted and three cautious articles hit the digital presses.Shares of Tesla fell 0.20% premarket to $181.21. The stock has traded mostly in the $170 to $185 range over the last six weeks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":8,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1185802267"}