Tesla shares rose 65% in one month: from $ 443 to $ 728. Argus Research analysts predict the price will reach $ 808 per share.
This success is due to the successful financial performance for the fourth quarter of 2019.
Despite past production delays, lack of spare parts, cost overruns for salaries and other difficulties, we expect Tesla to win due to its dominant position in the electric car market and improve performance in 2020.
Argus researchSubject: Tesla: Model 3 employees made with gross violations
In the fourth quarter, Tesla produced 112 thousand electric cars, 80% of which were Model 3. In 2020, the company plans to assemble 500 thousand cars. [ CNBC ]