TESLA STOCK STREAK ENDS DESPITE NEW HIGH PRICE TARGET, TESLA AI DAY, APPLE CAR

EV Channels Review

This episode of Tesla Daily provides a comprehensive market and product update. The discussion centers on significant price target increases for TSLA stock from Credit Suisse and Bank of America, with the latter setting a new street-high of $900. While acknowledging these optimistic outlooks, the review highlights the analysts' recurring theme of Tesla's advantageous cost of capital as a key driver for its valuation. The episode also touches upon potential Tesla AI Day, the implementation of a single-piece rear casting for the Model Y, and Tesla's search for a design director in China, potentially linked to a lower-cost vehicle. Finally, it revisits the ongoing Apple Car and Hyundai rumors, suggesting a partnership deal by March for 2024 production. The reviewer expresses skepticism about the Apple Car materializing but notes the increasing 'smoke' around the rumors.