Why Is Wall Street So Bullish on Tesla? Here's the $1 Trillion Reason
Dan Ives, a notable analyst at Wedbush Securities, has a $500 price target on Tesla (TSLA 3.13%) stock -- the highest of any analyst. Why is he so bullish? It all comes down to a $1 trillion opportunity that he thinks should send Tesla's stock price soaring for years to come. Ives loves Tesla's robotaxi divisionWhen it comes to electric car stocks, Tesla is king. The company produces more electric vehicles than any other automaker in North America. But it's not vehicle manufacturing that has Ives excited. I ...