Replies to post #342406 on Option Millionaires

[jimmybob]

Tesla event showed its 'advantage is insurmountable,' says Piper Sandler
Tesla's Battery Day highlighted a series of technological and process-related improvements that, when combined, should deliver dramatically lower battery manufacturing costs, Piper Sandler analyst Alexander Potter tells investors in a research note. As a result, Tesla expects to be producing $25,000 electric cars within three years, the analyst points out. The shares are trading lower post the event likely due to the lack of flashy product unveilings, Potter contends. However, in the analyst's view, Battery Day "did a good job of summarizing the reasons why Tesla's advantage is insurmountable." Potter reiterates an Overweight rating on Tesla with a $515 price target