Editor/ Futu News Bob
Futu News reported on February 18 that Tesla's US stock changed from falling to rising before the market today. As of press release, Tesla rose 5.37% to 843 US dollars.
Bernstein raised Tesla's price target from $325 to $730.
Earlier, Morgan Stanley said that Tesla's stock price would reach 1,200 US dollars under the most optimistic circumstances.There's also a 50% increase. The reason Morgan Stanley is bullish is that Atlas has the potential to become the main battery supplier for electric vehicles.
Also, there was news earlier thatPeople related to Tesla said that Tesla will independently develop new batteries,It is expected that specific information such as battery composition will be announced at the battery investor meeting in April.
Also, according to data from financial analyst firm S3 Partner, as of February 14, Tesla's unclosed short positions were 21.87 million shares, accounting for 15.38% of tradable shares.Over the past 30 days, Tesla's unclosed short positions fell by 3.31 million shares, or 13%, and the stock price rose 49% during this period. Over the past week, open short positions fell by 461,000 shares, or 2.1%.