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Tesla Stock Could Reach $2000, Says Wedbush’s Ives

Jul.13 — Tesla Inc.’s surge faltered with shares dipping into negative territory, despite the company’s anticipated unveiling of new battery technology. Dan Ives, analyst at Wedbush securities, discusses the investor pullback on “Bloomberg Technology.”

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Jul.13 — Tesla Inc.’s surge faltered with shares dipping into negative territory, despite the company’s anticipated unveiling of new battery technology. Dan Ives, analyst at Wedbush securities, discusses the investor pullback on “Bloomberg Technology.”

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56 Comments

56 Comments

  1. Robert Smith

    July 13, 2020 at 11:07 pm

    WTH happened! Up and down! I was smiling in the AM and crying the PM!

    • Danny Lopez Repair & Flip

      July 13, 2020 at 11:23 pm

      Me too Rob, me too

    • lithgrapher

      July 13, 2020 at 11:56 pm

      Cry for what? Load more and laugh to the last.

    • Iván Barragan Guerrero

      July 14, 2020 at 12:25 am

      lol same, i was so happy when it war near $1800

    • Gabriel M

      July 14, 2020 at 1:14 am

      same 🙁

    • Gabriel M

      July 14, 2020 at 1:15 am

      im down $700😔

    • Hudrey Aepburn

      July 14, 2020 at 9:17 am

      Gabriel M lmfao!!! Don’t be a baby! I’ve lost a full 1/3 of my investment before 😂
      You gotta stay on the ride for the lows if you want to be in for the highs!!!
      Tesla shareholder since October 2015
      Haven’t sold a single share

    • Gabriel M

      July 14, 2020 at 3:17 pm

      Hudrey Aepburn thanks man youre right

    • Brick Hunter

      July 14, 2020 at 3:50 pm

      I felt the same way when it happen to me when I bought at high of $200, $400, and $600. Now I wish I had bought more back then. Just hold, give it couple month we’ll prob see new highs for TSLA. Tail wind is S&P, battery day. Berlin gig opening etc.

    • Brick Hunter

      July 14, 2020 at 3:52 pm

      @Gabriel M you’re only down if you sell out, which I do not recommend.

    • Robert Smith

      July 14, 2020 at 11:38 pm

      @Brick Hunter Met a guy that worked on Wall Street and he bought Tesla at 30 and sold at 60, he said he thought he was a genius and made 50,000 profit still. I do think these prices seem high but look towards the future and they will look cheap. Musk is going to do a split soon, he doesnt like it being this high, its a company for the working man!

  2. Shahid Singh

    July 13, 2020 at 11:25 pm

    Back to 1000 this week ,

    • Dave Riley

      July 14, 2020 at 2:13 am

      Sahid, please see my response to Gene Hann. (He’s so smart that he posted the same comment twice. I responded to only one of them.) I’m also willing to bet with you. Gotta love that 4-day time frame. Imagine what one July 17 $1500 put option would be worth Friday if you were right. Or you could lose it all in 4 days.

    • John Cunningham

      July 14, 2020 at 3:51 am

      I’m guessing that you’ve never gone for a test drive in a Tesla, or you would understand why Tesla will soon be a $1 trillion company.

    • carmineglitch

      July 14, 2020 at 7:55 am

      lol u wish

  3. Paul danne Lachica

    July 13, 2020 at 11:38 pm

    Tesla will go 2700+ in 2weeks go all in now

    • Muggi Dashtamir

      July 14, 2020 at 12:45 am

      @Gene Hann lol its not

    • Dave Riley

      July 14, 2020 at 2:06 am

      @Gene Hann Wanna bet? I go long and buy calls. You go short and buy puts. The loser buys the winner their choice of a Models X or S. The only way you get out of paying is by declaring personal bankruptcy. I stand ready to bet you.
      I’m already long because I’ve got the brains, the money and the balls. Are you already short the stock? Getting rich in those put options yet, Gene? And can you borrow any of the 3 requisites listed above that it takes to put money where you online mouth is?
      Don’t worry. Your picture isn’t there with your name, and nobody watching this video cares about would-be shorts, anyway. Shorts are just a source of humor to investors.
      What’s the dumbest way to become a millionaire trading Tesla stock? Start off as a billionaire and bet against Elon. Or me.

    • John Cunningham

      July 14, 2020 at 3:49 am

      @Gene Hann Two words: “Test Drive”. If you want to understand why Tesla’s going up, and will keep going up, go for a test drive in a Tesla. You will see the future.

    • Jerry Seinfeld

      July 14, 2020 at 4:25 am

      Gene Hann This is very different. Electric vehicle batteries are becoming incredibly cheap compared to before and EV’s are getting more and more affordable. Anyone who crunched the numbers and used common sense knew that marijuana stocks were obviously overhyped during their “bubble” phase.

    • Bo McGillacutty

      July 14, 2020 at 5:29 am

      ANYONE who makes such specific confident predictions can be dismissed as with an eye-roll.

    • Jake Bolster

      July 14, 2020 at 12:07 pm

      Gene Hann I actually hope you are right. I’d stock up

  4. Gene Hann

    July 14, 2020 at 12:08 am

    tesla stock is going down to $500. the EV space is in a classic bubble. same with 3d printing and marijuana stocks just a few years earlier.

    • Matt C

      July 14, 2020 at 12:55 am

      Ur just jelly

    • Full Tilt Boogie

      July 14, 2020 at 12:57 am

      Your just mad cuz you missed the boatman lmaoooooooo

    • LR

      July 14, 2020 at 1:13 am

      They would have to completely fail the next 2 quarters for that to happen.. The potential ahead of Tesla is insane, people are finally realizing that.

    • Gene Hann

      July 14, 2020 at 1:37 am

      @LR look what happened to DDD in 2014/2015 as well as Tilray. Tilray was $150 in Q4 2018 and now it’s $7…

    • LR

      July 14, 2020 at 1:42 am

      @Gene Hann Why are you comparing Tesla to marijuana and 3D printing companies? Just because bubbles happen, doesn’t mean Tesla needs to automatically follow suit. Sure Tesla can pull back (highly doubt to $500), but I don’t have much doubt in my mind that they’ll be a trillion dollar company within the next decade.

    • Mark Plott

      July 14, 2020 at 4:54 am

      tsla to $9000

    • Bo McGillacutty

      July 14, 2020 at 5:31 am

      Specific predictions are laughably childish, YOU don’t know no one does.

    • Gene Hann

      July 14, 2020 at 4:00 pm

      @LR Sure over the long term, i think you’re probably right. Tesla does have a bright future. But even if Tesla increases their revenue 10x from where it is now, it should be max a $500 billion market cap company (2x sales) as it would be considered a mature company. That’s not much upside from where it is now…

  5. Jimmy Edward

    July 14, 2020 at 12:13 am

    Buy more

  6. Harry Chu

    July 14, 2020 at 12:17 am

    This analyst sounds like he has done his homework.

  7. Leif Johnson

    July 14, 2020 at 1:49 am

    Could someone please, please, please tell the Bloomberg hostess to stop inhaling helium before each podcast?

    • Mark Plott

      July 14, 2020 at 4:53 am

      she likes Helium enemas .

  8. Anwar Nayani

    July 14, 2020 at 2:27 am

    Why $ 2000-00 only
    May be more why not ✅

  9. Mondrayish

    July 14, 2020 at 4:27 am

    This guy is basically telling everyone, “look Tesla, free money”, and the bears respond with “no thanks”.

  10. Saverio Salemme

    July 14, 2020 at 5:09 am

    Musk is changing the world.

  11. who create GOD?

    July 14, 2020 at 5:21 am

    Modar fking chang!

  12. who create GOD?

    July 14, 2020 at 5:22 am

    This is not a car company!

  13. Bernard Barry

    July 14, 2020 at 9:22 am

    Anyone know why Dan isn’t long Tesla? A policy of Wedbush perhaps?

  14. matt james

    July 14, 2020 at 9:47 am

    The graph bloomberg uses is funny . Making the stock look like its going down but in fact its rocketing if you use a 3 month graph not a 15 day graph . Bloomberg is always negative against tesla

  15. John Johnny

    July 14, 2020 at 11:35 am

    like most scam, the outcome will not be bullish :))

  16. King Gant

    July 14, 2020 at 12:33 pm

    Musk is more fishy than Craigslist.

  17. Carlo Orelli

    July 14, 2020 at 2:33 pm

    I am puzzled. I had $35k more 24 hours ago. Tesla is freefalling

    • Asher Shah

      July 14, 2020 at 5:01 pm

      u didnt cash out?

  18. Sebastian Agudelo

    July 14, 2020 at 3:44 pm

    Is overpriced lmao…

  19. Brick Hunter

    July 14, 2020 at 3:56 pm

    Dan Ives bull case price target have been wrong so far…Tesla has out performed Dan Ives price target over and over again. So if says $2000..I’m thinking prob more like $2500

  20. Garfield Grant

    July 14, 2020 at 7:52 pm

    Thanks for covering the entire story, CNBC is too damn biased had to delete their app.

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    July 14, 2020 at 8:26 pm

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    • Anthony Grayson

      July 14, 2020 at 8:34 pm

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    • Isabella Williams

      July 14, 2020 at 8:40 pm

      I appreciate the trust built over the past few weeks of investing with him and I respect him for his honesty and hard work

    • Christiana Miller

      July 14, 2020 at 8:52 pm

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    • Peter Wilson

      July 14, 2020 at 9:03 pm

      i started with $1000 he charges a commission on profit made.

    • Evelyn Lucas

      July 14, 2020 at 9:14 pm

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  22. Zoltán Kárpát

    July 14, 2020 at 9:20 pm

    This year, stock will probably be around 1500 … next year it will probably go up to 3000 … so buy, if you plan to own the stock for at least a year 👍

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