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Added on the 25/04/2023 06:35:12 - Copyright : Auto Moto EN
Honda Motors announces new sports car S660. Rough Cut (no reporter narration).
Oracle Red Bull Racing unveils the RB19, which will be raced by reigning champion Max Verstappen and Sergio Perez during the 2023 F1 season. IMAGES
Munich (Germany), Sep 8 (EFE / EPA) .- Seat revealed this Tuesday at the IAA International Motor Show in Munich its proposal for the urban electric vehicle that it plans to launch in 2025 through the Cupra brand, a "radical" interpretation and who wants to combine electrification, performance and excitement.FOOTAGE OF THE NEW SEAT CUPRA PRESENTED DURING THE MUNICH AUTOMOBILE SHOW, AT THE CUPRA GARAGE AT THE ODEONSPLATZ IN MUNICH.
On Friday, Tesla climbed as much as 8.4%. That's the 11th straight day of gains as the automaker's massive rally continues into the new year. The billionaire investor Chamath Palihapitiya said Thursday that Tesla's market cap stood to triple from its already lofty levels. Investor Michael Burry told Tesla bulls in a tweet on Thursday that they should enjoy the rally "while it lasts."
On Monday, Tesla stock climbed as much as 5%. Business Insider reports that Tesla's market capitalization is north of $700 billion. Elon Musk's company exceeded its production target of 500,000 vehicles last year. The company has fallen just short of 500,000 deliveries. "So proud of the Tesla team for achieving this major milestone!" Musk tweeted about the news. Tesla's stock price soared by more than 740% in 2020.
Business Insider reports that Tesla's stock price skyrocketed 740% in 2020. The Wall Street is split on where the shares will move next. JPMorgan sees the electric vehicle company plummeting 87% to $90 a share in 2021. Meanwhile Goldman Sachs has a 12-month price target of $780 for Tesla. Wedbush rates the stock "neutral," with a 12-month price target of $715, and a bull case price of $1000. CFRA Research senior equity strategist has a "hold" rating on Tesla and a 12-month price target of $750. RBC Capital Markets has a $339 price target for Tesla, more than a 50% drop from current levels.