Why This Tesla Analyst Sees 16% Upside In Shares Ahead of Q3 Earnings

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Tesla, Inc. (NASDAQ: TSLA) shares have picked up some momentum in recent sessions as the electric vehicle giant prepares to release its quarterly results. The Tesla Analyst: Jefferies analyst Philippe Houchois maintained a Buy rating on Tesla shares and raised the price target from $850 to $950. The Tesla Thesis: Modeling a linear ramp of production at the low end of the guided 5,000 to 10,000 units/week for two similarly sized new facilities in Austin and Berlin; the addition of at least 500,00

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