Gatum Beixiang analyst Dorsheimer lowered the target price of Tesla (TSLA.O) from $812 to $768, maintaining the “buy” rating. Dorsheimer and other analysts were impressed by Tesla's “surprisingly strong Q2 results”. They said that the Model Y made in Germany and Texas will be equipped with the 4680 battery that Tesla has been working hard to perfect for a long time. Energy production and storage revenue doubled compared to the first quarter, and Megapack's sales also showed the market's huge demand for Tesla energy products. However, Gatum Beixiang believes Tesla's main concern is that “during the earnings call, concerns about chip shortages intensified.”
加通贝祥：下调特斯拉目标价 维持买入评级
Gatong Beixiang: Lowering Tesla's target price to maintain buying rating
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