SpaceX and Tesla are all over the news after SpaceX and NASA successfully flew two American astronauts on Sunday night, to the International Space Station, marking the first human spaceflight with private collaboration.
Tesla Inc!. the second most valuable carmaker in the world with a market cap of $154.785B, after Toyota, just bagged a new super bullish analyst.
Daiwa Securities analyst Jairam Nathan launched coverage of the electric-vehicle maker with the equivalent of a Buy rating and a $910 price target.
TESLA OWNS USA EV MARKET
According to Barrons: Nathan writes that Tesla is “on the cusp of replicating its success in the U.S. EV market to potentially larger markets in China and Europe.” New plants are up, or being built, in Shanghai and Berlin, raising manufacturing capacity to about 1.5 million units over the next couple of years.