Tesla Earnings Preview. Tesla Gets an Upgrade. Elon Musk is One of the Greatest Entrepreneurs of the Century
We upgraded Tesla to $137 ahead of earnings after betting on Tesla's share price crash, downgrading to Junk at $414. Our calls are available on the site and blog, including detailed technical explanations.
Tesla Ahead of Earnings
Elon Musk is one of the greatest entrepreneurs of the last century. This person has extraordinary capabilities. As a result, we adjusted Tesla's price target to $137, taking advantage of recent oversold technical conditions created by the American retail crowd collapse.
Blackrock expects Elon Musk to return soon, which may open a window for further adjustments, according to sources in Wall Street familiar with the matter.
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