Part 3/11:
Notably, analyst Dan Ives has forecasted that Musk might need to sell between $5-10 billion worth of Tesla stock to cover costs related to the Twitter deal, which has a looming deadline of October 28th. Despite the “brutal” short-term environment for Tesla stock, Ives maintains a bullish outlook, setting a target price of $360. Many investors, including the speaker, view this potential sell-off as an opportunity to accumulate shares, seeing just short-term pressures rather than long-term concerns.