Tesla Stock: Here Are the Next Upside Targets After Earnings Beat

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The Street

By Bret Kenwell Tesla stock is rallying on earnings and the upside levels are now quite defined. Here’s how to trade it from here. Tesla (TSLA) – Get Tesla Inc. Report shares were relatively muted premarket Thursday, up a couple of percent after the electric-vehicle-market leader reported earnings after the close Wednesday. The Austin company beat second-quarter-earnings estimates but missed on revenue expectations, even as it grew sales more than 40% from a year earlier. Revenue also came up short of the first quarter’s tally, but shutdowns in China helped explain the slowing. Tesla also redu…

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