Jefferies upgrades Tesla, predicts shares to rally 22% as firm continues to be the innovation chief

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SpaceX founder and Tesla CEO Elon Musk seems on as he visits the development website of Tesla’s gigafactory in Gruenheide, close to Berlin, Germany, Could 17, 2021.

Michele Tantussi | Reuters

Legacy automakers have joined the push for an electrical car future, however that does not take away from the bull case for Tesla‘s inventory, based on funding agency Jefferies.