Dramatically increased the demand for the Model 3 electric car in China.
The share price of the company Ilona Mask Tesla Inc. for the first time reached $1 thousand Reason has significantly increased the demand for manufactured Model 3 in China. It has allowed analysts of the investment company Wedbush to claim significant market opportunities of the company. Expert Daniel Ives called the demand for this model “a ray of light for Tesla in the dark global macroeconomic circumstances,” according to Bloomberg.
During this year, the company plans to make 100 thousand supplies from your local factory in China.
Ives has maintained neutral rating Tesla, but raised its target price its shares from $800 to $1 thousand According to the analyst, his new forecast assumes that the price of securities of the company can reach $1.5 million, although previously predicted a high of $1.35 thousand
A further increase in the value of shares, as noted by Ives, may contribute to the increasing demand for electric cars in China, the decline of the quarantine restrictions in the United States and Europe, as well as the production of new batteries for electric vehicles.
We also recall that the stock price of Microsoft, Amazon and eBay have set a new record after the close of the last trading session amid increasing investor demand for the securities sector of e-Commerce. But the rise of prices was due to the positive analysts ‘ comments.