Jefferies raises Tesla’s price target to $2,500 ‘street high’ ahead of Battery Day

Jefferies is raising Tesla’s price target to a ‘street high’ of $2,500, or $500 after the 1-5 split, with the firm noting that “nothing matters more than comprehending how the ‘Millionmile’ batteries could profoundly change the auto business model.” The Final Round panel breaks down the details.

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