https://wccftech.com/tesla-nasdaq-tsla-soars-as-lingering-wall-street-bears-capitulate/

Tesla (NASDAQ:TSLA), the undisputed champion in the EV sphere, has continued to soar in recent months even amid skepticism regarding the sustainability of the stock’s rally. Today, bears are on the retreat once again as two major Wall Street banks relinquish their bearish outlook to jump on the Tesla bandwagon.

As an illustration, Bank of America (NYSE:BAC) raised Tesla from a previous ‘Underperform’ rating to a ‘Neutral’ designation. BofA analyst John Murphy highlighted the ease with which Tesla is able to access capital markets as an important growth driver: