Why This Tesla Analyst Sees Giga Berlin As Step Forward For EV Stock
With indications emerging that Tesla, Inc. overseas manufacturing plant in Germany may soon come online, an analyst at Wedbush is offering his take on the development.The Tesla Analyst:Analyst Daniel Ives has an Outperform rating and $1,000 price target on Tesla shares.The opening of the Berlin Giga was earlier pushed back to late 2021 due to bureaucratic hurdles and environmental issues,the analyst said. It now appears to be slated to go online by the fall, he added.The Model 3s/Ys produced in
Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week
It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.