Tesla leading auto world’s ‘biggest transformation since the 1950s’: Wedbush’s Ives

Tesla (TSLA) strong rally this week points to more gains ahead, according to Wedbush, with the U.S. electric vehicle maker primed to transform the auto industry after ending 2021 on a strong note.

Better-than expected fourth quarter delivery figures spurred investors to remain bullish on Tesla’s stock, while the electric vehicle (EV) maker’s new Gigafactory in Austin, Texas preps for production this month. 

“We’re seeing, it’s a $5 trillion market opportunity in terms of EV and it’s the…

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