Tesla shares rose 6 percent after investors continued to bet on the success of model 3



Tesla shares rose 6 percent after investors continued to bet on the success of model 3
Tesla shares rose 6 percent after investors continued to bet on the success of model 3




        Tesla Inc. Inc By 6 percent on Aug. 3, as investors continued to bet on CEO Elon Musk's ability to successfully steer the company out of what they called "hell" as they boosted the production of its 3 sedan.

Profits in high stocks, which have already risen 52 percent this year, are expected to rise to about $ 3.2 billion for Tesla's market value.

The company relies on the $ 35,000 model launched late last month to help it convert profits from a professional player to a company with a heavy reputation in the automotive industry.

Ben Calo, Beard's equity research analyst, said:

 We believe that positive reception of the 3 model of early customers can greatly increase Tesla brand value and increase the speed of demand.

At least two brokerage firms raised their price targets. RAK Capital Markets raised its target price from $ 31 to $ 345, pushing it above the $ 322 target price.

Joseph Spake, an analyst at RAK Capital Markets, said:

 While we have no reasonable reason to doubt that Tesla can achieve its goals in the end, doing so in time without some growing pains can be a real challenge.

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