Tesla’s Furious Rally May Have 55% Upside, Analyst Says
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Tesla Inc. shares rose again on Tuesday, rebounding from Monday’s rare decline, after at least one analyst said the stock’s dizzying rally isn’t over yet.
“Is it time to redeploy capital after an amazing run? Resoundingly, we think the answer is NO,” Piper Sandler analyst Alexander Potter wrote in a note. “In our view, Tesla is the most consequential company in the mobility ecosystem, and this is unlikely to change in the next decade.”