![]() ![]() That's according to Wedbush, which raised its 12-month price target for Tesla stock to $300 a share, from $215 a share. Tesla stock is set to surge 22% as recent deals with GM and Ford to open up its charging network bring into focus a "sum-of-the-parts" story for the EV maker that will drive its valuation higher in the coming years. "In a nutshell, Musk and Tesla are playing chess while other automakers are playing checkers," Wedbush's Dan Ives wrote. Wedbush on Friday raised its price target and said charging deals could bring in $3 billion of revenue. Tesla shares are headed to $300, and the company is looking at big revenue gains from recent deals with Ford and GM. Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai Aly Song/Reuters ![]()
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