Tag: battery day
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Elon Musk Creating Cheap Electric Car That Can Reach 60 Mph In Two Seconds
CNET Highlights/YouTube/Tesla Tesla has announced a new goal of bringing customers a a $25,000 electric car that can reach 60 mph in two seconds, with the aim of dramatically reducing the price of battery cells and packs. CEO Elon Musk, who is well known for his ambitious projects, has promised the vehicle will be with…
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Tesla will leap 12% from current levels as pent-up demand drives Chinese market domination, Wedbush says
Reuters Wedbush analyst Dan Ives increased his price target for Tesla shares to $475 from $380 on Thursday, citing stronger-than-expected deliveries in China.The new goal implies a 12% profit from the automaker’s Thursday closing price of $423.43. China is a”key market” to get Tesla that could constitute 40 percent of global sales as soon as…