In the EV market, it's Tesla's world and everyone else is paying rent: Analyst

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In the EV market, it's Tesla's world and everyone else is paying rent: Analyst

Despite potential "speed bumps" ahead, Tesla is a stock with a lot more room to go, predicts Daniel Ives of Wedbush Securities. He explains the bull case for the company ahead of Battery Day, and suggests that while Tesla has a "target on their back" and could face increased competition in the future, it's not a significant risk over the coming quarters.
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Thu, Sep 3 20201:44 AM EDT