Tesla's price jumps up from the previous slump as Tesla Bulls prepare for a huge Bull Run for Tesla stock coming soon I'll be breaking down everything you need to know in this video so let's get right into it welcome to trade daily where we break down all the best stock market news like And subscribe to keep up to date with the stock market and I really hope you enjoy this video as it turns out all Tesla stock needed was an Elon Musk cause Twitter overhang for the company's bulls and bears to agree after


shedding over dollar 700 billion dollars in market value since hitting all-time highs in early November last year both bullish and bearish analysts recently suggested that the electric vehicle maker is poised for a potential comeback City Group analyst Ida mikeley posted what could only be described as a surprise on Wednesday after he upgraded Tesla to a neutral rating Mike Lee has long been a Tesla bear giving the electric vehicle maker a sell rating since 2019. even amidst Tesla's massive


rise from 2020 to 2021 the city group analyst was among those who maintained a sell rating on the stock yet in a note on Wednesday Mike Lee boosted his Tesla price Target to Dollar 176 dollars per share he also argued that the electric vehicle Maker's year-to-date decline of nearly 60 percent has effectively balanced out the near-term risk slash reward for Tesla investors to be sure macro competitive concerns are likely to remain an overhang with capacity Rising but as we've previously written in a hard Landing scenario


Tesla's long-term competitive position likely also improves and potentially further enhanced by President Joe Biden's inflation reduction act the Citigroup analyst wrote Tesla bull Adam Jonas of Morgan Stanley seems to be on the same page Jonas carries an overweight rating and an optimistic dollar 330 dollars price Target on Tesla though he noted that the company is exposed to a number of risks these include CEO Elon musk's distractions from his acquisition of Twitter as well as challenges in


countries like China despite this Jonas noted that Tesla seems to be on Pace to grow its sales by about 37 percent next year while generating about dollar 15 billion dollars in free cash flow overall the Tesla bull noted that the texas-based electric vehicle maker is still well positioned in the ee Market especially as the United States adopts the rules of President Joe Biden's inflation reduction Act We Believe Tesla's Gap to competition can potentially widen particularly as easy prices pivot from inflationary to


deflationary with respect to the inflation reduction act We Believe Tesla is by far the best position OEM in terms of potential eligibility for consumer tax and production credits Jonas wrote so far Tesla's stock appears to have calmed down somewhat with Tesla's shares ending on the green on Tuesday Tesla stock is also up 2.76 percent on Wednesday's pre-market Tesla's investor relations head Martin vaicha shared that the Tesla semi may be his favorite Tesla product most people in the investment Community


including large holders but I speak to didn't believe it's possible to make a 500 Mile fully loaded Class A truck he said on Twitter Tesla has had many critics and Skeptics alike agree that it would never succeed a great example is the Tesla Model 3 when many thought Tesla would never bring the vehicle to mass production as for the Tesla semi it was unveiled in 2017 and PepsiCo will be the first customer to take deliveries on December 1 2022. in 2020 Bill Gates wrote a blog post explaining why battery operated Class A


trucks wouldn't work how many times have we fallen for this problem is that batteries are big and heavy the more way you're trying to move the more batteries you need to power the vehicle the more batteries you use the more weight you add and the more power you need even with big breakthroughs in Battery Technology electric vehicles will probably never be a practical solution for things like 18 wheelers cargo ships and passenger Jets electricity works when you need to cover short distances


but we need a different solution for heavy long-haul Vehicles Gates said that he was optimistic about biofuels but that it was still too early to consider replacing fossil fuels with them Gates was one of many critics who shared opinions as to why the Tesla semi and all electric trucks wouldn't work on December 1st the Skeptics will be once again proven wrong when PepsiCo takes delivery of its order of Tesla semis Tesla is inviting a limited number of retail investors to the event which will


take place at gigafactory Nevada and when Kathy Woods Ark invest heard this news she then loaded up on Tesla's shares in its Innovation Next Generation internet and autonomous technology and robots ETF on Wednesday the company's three funds sought a buying opportunity in the automaker's recent slump on Wall Street Ark Innovation ETF bought 27 594 shares on Wednesday while the next-gen internet and autonomous Tech and robots ETF gained 2909 shares and 9173 shares respectively Tesla shares have slid over 15 percent


in the last five trading days and nearly 47 percent in the past year for various reasons most recently the Stock's performance has been highly affected by CEO Elon musk's purchase of social media platform Twitter which has put many investors in a tough spot determining whether the company is the primary focus of its leaders current endeavors however investors have looked at it from different perspectives while Ark continues to buy up shares others are changing their outlook on Tesla stock at


least in the short term Dan Ives of wed wish is one of the analysts changing their perspective on Tesla at least temporarily Tesla stock was removed from the firm's best ideas lists as Ives wrote in a note to investors our near-term view of this name is increasingly becoming more challenged the longer term bullish view of Tesla remains generally unchanged as we believe the EV demand and production story are still in the early days of playing out as part of a massive transformation to the auto world


Ives reiterated his dollar two hundred fifty dollar price Target and an outperformed rating on Tesla's shares which closed at below dollar 180 yesterday at the time of writing Tesla stock was up six percent trading at around dollar 188 dollars the stock has traditionally been met with volatility since the most Twitter cyber began and with a majority of his tweets now promoting new ideas for his newest Venture investors are skeptical musk has essentially tarnished the Tesla story slash stock and is potentially starting


to impact the Tesla brand with this ongoing Twitter train wreck disaster I've said perhaps some of the most piercing words of the note from Ives were that musk has done what bears have unsuccessfully tried for years crushed Tesla stock by his own doing what we view as a purely painful dark situation nevertheless Tesla's Perma bowls continue to attach themselves to the company's thesis Ark remains bullish on Tesla Tesla stock popped over six percent on Wednesday after several positive signals


elevated the Electric automaker's stock price after Tesla stock has taken a Monumental beating over the past few months is this the end of the slide Tesla's shares were trading at around dollar one hundred eighty dollars per share at the time of publishing on the East Coast shareholders have been battered on Wall Street due to challenging market conditions and Elon musk's Twitter acquisition over the past six months Tesla's Shares are down 19.64 percent on Wednesday several positive


developments triggered a slight increase in Tesla's share price Tesla could look at another market for its next Automotive production facility after rumors indicated Canada would likely be the place Tesla built its next gig of tree musk reportedly indicated South Korea as a market the company could entertain as a new manufacturing location president Yun succul said musk was favorable about South Korea's potential as Tesla's next Gita Factory location during a recent video call additionally


Citigroup analyst Eddie Mike Lee upgraded his outlook on Tesla's shares to a neutral rating despite holding a bearish forecast for several years to be sure macro competitive concerns are likely to remain in overhang with capacity Rising but as we previously written in a hard Landing scenario Tesla's long-term competitive position likely also improves and potentially further enhanced by President Joe Biden's inflation reduction act likely wrote in a note to investors whether Tesla stock slide is over


remains to be seen investors have had enough and have banded together in the thousands to influence Tesla to perform a stock buyback Tesla Bull and Institutional Investor Gary black has said it is the right time for the company to perform a buyback as its price to earnings ratio is the lowest it's been since copied other analysts like Webb Bush's Dan Ives said his firm remains bullish on Tesla but overhang from the Twitter deal Still Remains there is a potential that must may need to sell more stock to secure financing


for the Twitter deal which leaves uncertainty for some investors additionally Ives concerns regarding Tesla's brand deteriorations still remain and the CEO evident focus on Twitter leaves Tesla in a difficult spot moving forward Ives maintained a dollar two hundred fifty dollars price Target and an outperformed rating on Tesla stock if you agree comment down below or you might agree with this other top Investor's incredible prediction for Tesla watch this Vibe here to find out and with that we've come to the end of


the video I'd like to give a huge shout out to anyone who's made it this far I hope you enjoyed the video I'd also like to make it clear that this is a news and entertainment video not investment advice you should always do your own research and speak to a financial advisor before making any Investments thank you all so much for your support don't forget to like And subscribe for the chance to win up to twenty thousand dollars in Amazon gift cards and we'll see you in the next video


foreign if you want more crazy trade news how about this video we did