Tesla stock can spike another 20% as it extends its lead against rival automakers, Jefferies says

Business Insider

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· *Tesla is rapidly extending its lead over legacy automakers, and its dominance can drive shares 20% higher over the next year, Jefferies analysts wrote Thursday.*
· *The firm lifted its price target to $1,200 from $650, citing positive developments in the automaker's battery technology, vehicle range, and business...

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