Maurer/Cramer: Wedbush $3,500 Bull Case, Growth in China, Tesla Battery Day (08.24.20)

Jim Cramer joins Rob Maurer on Tesla Daily to discuss Wedbush's new $3,500 price target on TSLA stock, Tesla's growth in China, Battery Day, planned obsolescence and more.

Timestamps: 0:00 Wedbush increases TSLA bull case price target to $3,500 per share on China upside, Battery Day expectations 4:00 Impact of planned obsolescence for Tesla and other automakers 5:32 Can Tesla justify its market share and continue growing? 6:45 Retail investor access to Tesla, and Tesla’s Battery Day 8:27 Tesla’s expansion and production capacity in China and worldwide

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Plaid producer Who Why Plaid producer Ice Lakes Investments Ludicrous producer Fred Hassen Executive producer Rish Singh Executive producer Jeremy Cooke Executive producer Nick Wood Executive producer Troy Cherasaro Executive producer Bradford Ferguson Executive producer Andre/Maria Kent Executive producer Jeff Sheets Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives