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

The transcript discusses Tesla's Battery Day, its impact on the EV market, and the company's growth prospects, including potential profitability and global expansion. It also covers Apple's retail challenges due to store closures and the implications of antitrust investigations for major tech companies like Apple, Google, and Amazon.

What is the potential significance of the million-mile battery for Tesla?

• It will allow Tesla to cut prices and enhance market flexibility.

• It will decrease Tesla's market share.

• It will have no impact on Tesla's pricing strategy.

• It will increase the cost of Tesla cars.

How might Tesla's inclusion in the S&P 500 affect its stock?

• It will likely decrease investor interest.

• It will cause the stock to become more volatile.

• It will have no impact on the stock.

• It will increase institutional buy-in and drive the stock higher.

Why is China considered a crucial market for Tesla's growth?

• Because of high tax credits available in China.

• Due to the lack of competition in China.

• Because Tesla plans to stop selling in the US.

• Because the US market is no longer a significant growth area for Tesla.

What impact do store closures have on Apple's sales during the pandemic?

• They have no impact on Apple's sales.

• They increase Apple's sales due to online demand.

• They have a minor impact as retail sales are a small percentage of total sales.

• They significantly reduce Apple's overall sales.

What is Apple's strategy in response to the retail challenges posed by COVID-19?

• To reduce the production of new devices.

• To increase the number of retail stores.

• To focus on online sales and employee safety.

• To permanently close all retail stores.

What is the potential risk of the antitrust investigations for tech companies?

• They might result in fines and increased scrutiny.

• They could lead to increased market share.

• They will have no impact on the companies.

• They will lead to immediate company breakups.

How might the political environment affect the antitrust investigations?

• It will have no effect on the investigations.

• It will guarantee that all tech companies are fined.

• It could lead to more significant risks depending on election outcomes.

• It will ensure the investigations are dropped.