TESLA

-Chart of the Day: Why Tesla Could Go Back $ 830 In A Month?

  Tesla-Chart of the Day: Why Tesla Could Go Back $ 830 In A Month? The base environment for Tesla (NASDAQ: TSLA) shares is getting better and better. On Friday, California-based electric vehicle manufacturer Palo Alto announced a record delivery of vehicles for the 1st quarter of 2021. The Covid-19 aid package, designed by President Joe Biden to help provide a stronger recovery to the US reopening economy, is currently seen as the biggest driver on the market. On the democratic agenda, one of the key elements of the government's green initiative is to push drivers into electric cars. Of course, this is an obvious win for Tesla as well. To this end, Wedbush technology analyst Daniel Ives upgraded his rating from TSLA to “Outperform” yesterday and set the stock a price target of $ 1,000 over the next 12 months. It also made a long-term outlook of $ 1,300, with an 88 % gain.      

Source: Yahoo.Finance

 

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