Tesla can surge another 71% from current levels as it unlocks more growth potential in China, one analyst says (TSLA)

Reuters Tesla's meteoric rise is set to continue as it capitalizes on robust growth from China, according to Wedbush. In a note published on Sunday, Wedbush said that in a bull case scenario, Tesla could jump another 71% from current levels to $3,500. Pent-up demand for its cars in China, combined with recent price cuts, have created "a perfect storm of demand" for Tesla to take advantage of, according to Wedbush. Visit Business Insider's homepage for more stories. Tesla's 390% year-to-date rall...