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Benzinga
Benzinga
Business
Adam Eckert

YOU WONT BELIEVE: What s going on with tesla stock | Mind Blowing Facts

Tesla Inc (NASDAQ:TSLA) shares are surging by more than 6% on Wednesday. Despite the strong move, the EV stock is still down more than 35% year-to-date and nearly 25% in just the last month.

On Tuesday, Daiwa Capital maintained Tesla with an Outperform rating, but lowered the price target from $1,150 to $800, citing supply chain headwinds and lockdowns in China.

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