Ford (F) reported a 61% year-over-year increase in its second quarter electric vehicle sales, following EV giant Tesla’s (TSLA) report of a higher-than-expected increase in second quarter vehicle deliveries. In response, Wedbush analyst Dan Ives raised his price target on Telsa to $300 per share.
Morning Brief Anchors Brad Smith and Madison Mills break down the latest developments for Tesla and Ford and what they mean for the stocks moving forward.
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