Tesla (TSLA) Q1 Tracking to Be 'Massive' - Global Equities' Chowdhry

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Giga Berlin Approval Removes 'Major Overhang' for Tesla (TSLA) Stock - Wedbush

March 7, 2022 8:29 AM EST

Wedbush analyst Daniel Ives reiterated an Outperform rating and $1,400.00 price target on Tesla (NASDAQ: TSLA), saying the Giga Austin and Giga Berlin openings are key to the Tesla bull thesis. The Giga Berlin approval removes a "major overhang" on the stock and it should help alleviate Tesla's high-class problem of not having enough supply to meet demand.

"With German authorities finally giving approval on Friday for Tesla to officially begin production in Giga... More