In this video, I will be talking about the recent Tesla (TSLA 1.72%) and General Motors (GM 1.85%) stock price upgrades by Wolfe Research analyst Rod Lache and the reason behind them. While not all Tesla and General Motors models will qualify for a $7,500 tax credit, the credits will certainly help some companies that lack demand. But there's more to the story.
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*Stock prices used were the closing prices of Sept. 6, 2022. The video was published on Sept. 7, 2022.