Brian Bolan from Zacks, is one of the biggest bulls out there. He thinks the sky is the limit for Elon Musk’s electric car company. Bolan says the stock is heading higher, to $450 and beyond.
The other analyst begs to differ.
Hedgeye analyst Jay Van Sciver believes the stock is a ‘blindingly obvious short.’ Van Sciver thinks Tesla (NASDAQ:TSLA) is overly reliant upon government subsidies, is becoming increasingly vulnerable as competitors enter the EV market, and could conceivably go to zero.
Time will tell who’s got the story right.
Watch the full debate below as two analysts on opposite ends of the TSLA spectrum argue their case.
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>
Tesla Inc. (TSLA): Free Stock Analysis Report
Original post
Zacks Investment Research