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Consumer Edge positive on Tesla

Dec. 12, 2017 1:23 PM ETTesla, Inc. (TSLA) StockTSLABy: Clark Schultz, SA News Editor116 Comments
  • Consumer Edge analyst James Albertine forecasts Tesla (TSLA +2%) will generate $2.0B to $3.5B in annual revenue from its truck business depending upon volume and final pricing.
  • The outlook is based on Tesla capturing 5% of what is expected to be a smaller Class 8 market in a few years.
  • In previous reports, Albertine has pointed out that Tesla’s competitive edge is in battery manufacturing and autonomous software.
  • Consumer Edge has an Overweight rating and $385 price target on Tesla.

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