According to foreign media reports, investment banks to see the future of Tesla Tesla in the world's largest auto market - China's performance, that China will eventually become the largest market Tesla.
"China will eventually become the largest source of revenue for Tesla. "Pillage analyst Alexander - Porter wrote in a report. "If Tesla can achieve the localization of electric cars, they will be able to get a good opportunity." Previously, Tesla was very cautious in investing, but if they were able to get a joint venture license in China, they would soon be announcing the new policy of the Chinese market. & rdquo;
In 2015, Tesla's revenue in China was $ 319 million, but it rose to $ 1.07 billion last year, and its growth potential is still huge in the future.
Porter targeted the Tesla target price of $ 386, 12% higher than the US time on Tuesday.
In Porter's view, China will not only launch the relevant good measures, but also have a stronger than the United States that year, car spending power. Last year, China's auto sales reached 24.3 million units, higher than the peak of the US market even higher than 700 million units In addition, Porter confidence in the Chinese luxury car market.
"There is no doubt that China's emergence of a large number of electric vehicle manufacturers goal is to attack the global market, but if the contrast force will find them and Tesla or a gap. In the luxury car market, Tesla's opponents have to prepare a few years will be shot. "said Potter.
Of course, some people sing a different tune. Bernstein analyst Tony - Sack Naxi to remind consumers not to buy Tesla stock, because Model 3 is likely to mass production problems.
Since the beginning of this year, Tesla shares have risen 62%.