Tesla’s Prospects in China and Improved Profitability Profile, as Well as Bullish Comments from Panasonic about its Battery Partnership with Tesla, have Helped Drive the Continued Rally

Tesla stocks has continued to soar this week, nearing the $1000 mark on their shares. Wedbush’s Daniel Ives covers the automaker and reiterates the long-term bull case for Tesla amid the growing demand in China.

For more on Daniel Ives’ comments: These 2 Charts Show Tesla’s Mind-Blowing Race to the Top