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Tesla Could Surge As Much As 71%
1 Views • Aug 24, 2020
Description
In a note published on Sunday, Wedbush said that in a bull case scenario, Tesla could jump another 71% from current levels to $3,500.
Demand for its cars in China, combined with recent price cuts, have created "a perfect storm of demand" for Tesla to take advantage of.
By 2022, China could make up 40% of Tesla's overall sales.
Business Insider said the growth can only happen if Tesla can keep up with China's demand.
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