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Tesla Stock Will Have an Interesting Week. The Cybertruck May Be Delayed, and More.
Tesla has reported its earnings, but four factors, ranging from a production delay for the Cybertruck to news about the company’s deliveries in China, still have the potential to move the stock this week
The week has started with both a positive and a negative development. Jefferies analyst Philippe Houchois lifted his rating on Tesla (ticker: TSLA) stock to Buy from Hold and raised his target for the stock price to $850 from $700 a share. Accelerating demand for electric vehicles around the globe underpins his more bullish…