Tesla Is in Middle of Massive Turnaround, Says Dan Ives

Dec.26 -- Wedbush analyst Daniel Ives raised his price target on the stock to $370 from $270, saying strong Model 3 consumer demand and profitability are on an “upward trajectory for the fourth quarter.” He appears on "Bloomberg The Open."

[zAngus]

Dad had a high end Mercedes, bought a model 3, loves it, will never go back. Sister has a high end Mercedes. Wants a Tesla as her next car. I wouldnt be betting against Musk.

[jimroth]

Did Tesla somehow miraculously "turn around" during the last six months... or are these self-styled experts finally starting to catch up with the fact that Tesla is a great company with great products and way ahead of the competition?

[HelloHello-wszo]

Did he really just say “ the haters are gonna hate” lol

[danieloloughlin]

Why do we have to listen to people that don’t know what they are talking about.

[manzilrai]

Another clown. Where was he 200 points ago.

[Mrbfgray]

This is a rare, exciting entertaining situation kids, likely once in a life time. Stay tuned and I'll stay long for now. :D

[dwolff]

You mean WALL ST OPINION is turning around. The blind finally see and understand. Tesla is exactly the same.

[Yahgiggle]

Just about everyone i know says they are getting a tesla or want a tesla or wish they had the money to buy a tesla oO

[bikesqump]

hope this guy can drop the price some more with his clueless analysis so I can buy more...

[elyakimlev]

What's the point of being an analyst if all you do is change your price target AFTER the company has proven itself?
We, common investors, already knew Tesla was going to deliver. We see the tech, we see the enthusiasm of the customers, we see a bright future for the company.
I have no respect for this guy at all. What's more, he has a bear, middle and bull target prices, ranging from $200 to $600. That's like saying "I have no idea". Just like the other good-for-nothing from Morgan Stanley who has a $10 to $500 price targets... smh

[michelrusso]

The shortsighted views of all these so-called analysts are pathetic. 😒

[MarvelousCards]

If this guy is now turning bullish probably a good time to take some profits and rebuy during the retracement..

[DickyChap]

He hasn’t got one single clue what he’s talking about, just doesn’t comprehend it.

[praveenkumar-okfd]

0:42 “fuel in the engine” while talking about Tesla ? Really?? 😂

[TheSmileyfaceHD]

All these analytics are just looking at the today and history. They are not seeing the bigger picture about tesla.

[Sacto]

The big thing that will drive Tesla through 2020 is the delivery of the Tesla Model Y "tall hatchback." Because it's a way more practical vehicle than the Model 3, I expect Tesla to eventually do the majority of its sales with the Model Y. The Model S and X will likely get upgrades in 2020 with the new Model 3-like interior and will get the new triple-motor "Plaid" drivetrain in early 2021.

[pohu]

Tesla is the d greatest company ever. This guy doesn’t know what he is talking about. His forecasts have been proven all wrong.

[mikekisekka]

This guy seems to know little. Its not a turnaround, tesla has had the lead for a while now

[mrsith]

"The biggest is Elon Musk" - a quote from a total numpty

[mcconlogue]

China factory build has been publicly broadcast with weekly updates since February. Where was this “expert?” What has he ever built? The lady is a total talking parrot.