Tesla Is a ‘Buy’ Ahead of the Upcoming Battery Day, Says Oppenheimer

Tesla (TSLA) stock has taken investors on quite the roller-coaster ride. It is now trading at $372.72 per share, down 25% this month, which in turn reflects a 13% rise from $330 per share just a few days prior. The tech rally’s poster boy was hit the hardest during the recent downturn, and its exclusion from the latest S&P 500 reshuffle has soured sentiment somewhat. However, Tesla has a big catalyst on the horizon, in the shape of the much-anticipated Battery Day, which will take place on September 22.Oppenheimer analyst Colin Rusch expects Musk and Co. to shine a light …read more

Source:: Yahoo Finance

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