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Jefferies upgrades Tesla, predicts nearly 30% comeback and return to energy efficiency post crisis

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Robots work on a Tesla Model X in the Tesla factory in Fremont, California in 2018.
Mason Trinca | The Washington Post | Getty Images

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Jefferies upgraded shares of Tesla to a buy rating on Monday, saying the company is "leading the industry's technological transformation" and stands to benefit from further adoption of electric vehicles.

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