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Tesla shares could surge past $500, if the company sticks to its own production and sales targets, says Baird analyst Ben Kallo.
This is higher than the $368 price target Kallo has on the stock, which he told CNBC is based on lower expected production and sales numbers than Tesla has forecast. Kallo is one of the most bullish analysts on Tesla.
Tesla's reward for hitting its targets could be a stock surge past $500, says analyst
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