Well, it seems that Barclays is bullish on Tesla, as they’re recommending that people buy shares in the company, with a potential 30% rally on the horizon. And it’s not just Barclays that’s seeing potential in Tesla, as billionaire investor George Soros has also been loading up on Tesla shares and other beaten-down stocks. In fact, Soros Fund Management increased their holdings of Tesla shares by 270% during the fourth quarter, bringing their total to over 330,000 shares. Now, despite some struggles that Tesla faced last year, the company has still managed to stand out as a leader in the electric vehicle market, earning five times more per car than Toyota during the April-December period. And speaking of Toyota, they’ve been struggling to keep up with Tesla in terms of earnings and production volume, with Tesla now offering four high-end models to Toyota’s wide-ranging lineup. But it’s not just about the companies themselves. President Biden has made a major push for electric vehicles, with a goal of having at least 50% of vehicle sales be electric by 2030. And as part of that effort, he’s committed to overseeing the creation of a national network of 500,000 electric vehicle chargers by that same year. This should be music to Tesla’s ears, as they’ve just struck a deal with the government for more widespread charging station access, along with other major automakers like General Motors. So, it seems that Tesla is poised for some significant growth in the years to come, and investors are taking notice.
#tesla #teslastock #stocks
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Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice or financial advice and it should not be taken as investment advice or financial advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only.
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