Is Ferrari the Next Tesla?

Ferrari could evolve into a Tesla-killer stock with a long-term pivot to electric vehicles and SUVs. Morgan Stanley’s Adam Jonas gives the stock a price target of $265, which represents 37% growth from current values. Investors should look forward to the release of the Ferrari Purosangue, an SUV expected to hit the market in 2022.…

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Electric Car Bubble May ‘Implode’ – But That’s Gravy for Tesla Stock

Tesla is shining in the middle of a pandemic, recording high sales, and strengthening its presence in the Chinese market. Analysts warn that the electric car market’s bubble is imploding, expressing concerns about its sustainability. The sentiment around TSLA remains optimistic, as it remains relatively stable in comparison to other carmakers. Tesla stock (NASDAQ:TSLA) has…

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