Will the Successful SpaceX Launch Impact Tesla Stock?

SpaceX successfully launched and docked their first cargo-transport at the international space station, making history for CEO, Elon Musk. What does this mean for Tesla (TSLA)? Equity Research Analyst, Dan Ives explains how this historic achievement speaks to the high level of innovation of the Musk brand, which could soon generate demand for Tesla in China. While appearing on Yahoo Finance, he outlined how the stock could rise from increasing investor confidence.

For more comments from Dan Ives, view his full appearance.