On May 29, 2020. Daiwa Capital initiates coverage on Tesla Inc, the electric auto maker with outperform rating, announces price target of $910.
Daiwa Capita analyst told investors in a research note that expects Tesla to sustain its technology lead by successfully expanding manufacturing globally and believes the shares will outperform broader indices over the long term.
Nathan writes that Tesla is "on the cusp of replicating its success in the U.S. EV market to potentially large markets in China and Europe."
