Musk Says Tesla (TSLA) Will Open Supercharger Network to Other EVs 'Later This Year'

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Wedbush Reviews Tesla (TSLA) as it Prepares for 2Q Report

July 21, 2021 1:53 PM EDT

As Tesla (NASDAQ: TSLA) prepares to report its 2Q earnings on 7/26, the Street is focused on issues that have burdened the stock so far this year. Wedbush analyst, Daniel Ives says that this year shares have underperformed as the trifecta of: 1) increasing EV competition, 2) China PR/safety issues negatively impacting demand, and 3) the chip shortage overhang. Wedbush gives TSLA an Outperform rating and a $1,000 price target.

Despite the obstacles Tesla has faced in 2021, the company still hit 200k+ deliveries in the... More