Tesla (TSLA) is still a solid opportunity ahead of its 5:1 stock split this month.
Plus, Wedbush analyst Dan Ives just raised his price target to $1,900 on signs of accelerating demand in China.
“We continue to believe [electric vehicle] demand in China is starting to accelerate in July/August with Tesla competing with a number of domestic and international competitors for market share with Giga 3 remaining the linchpin of success which remains the prize that [Chief Executive Elon] Musk and Tesla are laser focused on capturing,” he said, as quoted by MarketWatch.
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