Tesla (TSLA) & Rivian (RIVN) Sales Show Signs of Life

Multiple analysts raise their price targets on Tesla (TSLA) after 2Q deliveries exceed expectations. Caroline Woods discusses the outlook for Tesla, as Guggenheim notes that a 10% rally in shares is a function of “robust” energy storage deployments. BofA highlights that both Tesla and Rivian (RIVN) sales “showed there are some signs of life.”

Fast Market

03 Jul 2024

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