Baird analyst Ben Kallo reiter-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Baird analyst Ben Kallo reiterated an Outperform rating and $280 price target on Tesla

"Previewing Q3 deliveries. We model 480K deliveries in Q3 vs. consensus ~461K and believe numbers are trending positively based on China insurance registrations,our checks with IR, and other third-party data.

Deliveries are the next expected datapoint, however, we speculate that investors may view this as a look through with such a large potential catalyst soon after. The near-term setup is favorable in our view, and we are buyers into both the deliveries release (estimated 10/2) and robotaxi event (10/10)."$Tesla Motors(TSLA)$

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