Why Tesla could surge another 52% in a best-case scenario, according to one analyst (TSLA)

Daniel Ives of Wedbush increased his bull-case price target on Tesla to $2,500, implying a roughly 52% surge from where shares traded on Thursday.
Tesla on Wednesday reported second-quarter earnings that exceeded Wall Street's expectations and showed its fourth consecutive quarterly profit, paving the way for inclusion in the S&P 500 index.
"This sustained level of profitability is key for the bulls and speaks to a business model which is staying out of the red ink despite this unprecedented