Tesla Is in Middle of Massive Turnaround, Says Dan Ives

The transcript discusses Tesla's stock price, which has been raised to $370, though it trades higher. The focus is on market demand, especially in China, which is crucial for Tesla's growth. Short interest in Tesla has decreased, but risks remain, particularly related to Elon Musk's actions. The discussion highlights the importance of China and the potential for future challenges and opportunities for Tesla.

What was the new price target set for Tesla shares?

• $570

• $470

• $370

• $270

Which region is considered crucial for Tesla's bullish outlook?

• Australia

• China

• Europe

• North America

What is the current short interest percentage of Tesla's float?

• 10%

• 30%

• 20%

• 40%

What is considered the greatest risk to Tesla's stock price?

• Global recession

• Elon Musk's behavior

• Competitor advancements

• Supply chain issues

What has been a significant factor in driving Tesla's stock optimism?

• US market

• European market

• Indian market

• Chinese market