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Tesla’s (NASDAQ: TSLA) Stock Straddles $1,000 A Share As Wall Street Inves-tors Await New TSLA Earnings Report Next Week, Analyst Sets 12-Month Price Target Of $1,400; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Big 2022 EV Charing Station Sector Gains For Its PLEMCo., Subsidiary

Last evening, stock of Tesla (NASDAQ: TSLA) closed at $996.27 — and gave some gains back in after-hours trading — but Wall Street investors have warmed to the electric car sector and are anxiously awaiting next week’s TSLA earning’s report. We know it delivered a whopping 87% increase or 936,000 more new cars last year and had a mind-bending $1.6 billion record earnings report for Q3 on sales of $13.8 billion. Despite many new electric car/truck entries, Tesla is the EV company to watch as it sets the pace. Solar Integrated Roofing Corp. (OTC PINK: SIRC) and its PLEMCo., subsidiary are watching the market develop for EV Charging Stations.

stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

Tesla’s (NASDAQ: TSLA) Stock Straddles $1,000 A Share As Wall Street Investors Await New TSLA Earnings Report Next Week, Analyst Sets 12-Month Price Target Of $1,400; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Big 2022 EV Charing Station Sector Gains For Its PLEMCo., Subsidiary

Here’s the catalyst for SIRC and the opportunity in 2022. Tesla (NASDAQ: TSLA) may have the attention of Wall Street investors now against all comers — from General Motors (NYSE: GM) and Ford (NYSE: F) to European and Asian brands, such as BMW and Nissan — but its 56% leading market share in E Charging Stations is vulnerable.

Here’s why:

  • Tesla charging stations are proprietary. Meaning, they are for generally for Tesla vehicles only. That opens up opportunities for other installers, such as SIRC’s PLEMCo. We’re already selling evidence of that.
  • Electric car/truck buying consumers really don’t cane about brands in EV Charging Stations. They are relieved to see them == whatever brand they are — where it is a GM or Ford-endorsed stations or one installed by SIRC’s PLEMCo.
  • The US government is seeking to meet its goal of a 500,000 fleet of new electric cars. It is also willing to provide grant money to build a network of more EV Charging Stations nationally. Enter SIRC and PLEMCo., SIRC already is an applicant of $80 million in federal grants.

So, this week when Tesla stock continues to rise after a positive note from Phillippe Honchos of Jeffries saying the TSLA stock will rise to $1,400 within 12 months, everyone’s eyes light when they see a 35% upside on a NASDAQ stock. Tesla’s (NASDAQ: TSLA) Stock Straddles $1,000 A Share As Wall Street Investors Await New TSLA Earnings Report Next Week, Analyst Sets 12-Month Price Target Of $1,400; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Big 2022 EV Charing Station Sector Gains For Its PLEMCo., Subsidiary

But understand that while Tesla (NASDAQ: TSLA) may lead the electric car/truck pack, it remains vulnerable on the aftermarket — EV Charging Stations. It is an opportunity for SIRC and PLEMCo., and they will seek to exploit it.

SIRC is an alternative energy company with its core businesses in solar and roofing now. But it’s future could be different if electric vehicles take off as researchers predict.

After Rivian’s (NASDAQ: RIVN) successful $70 billion IPO late last year, the momentum of the electric vehicle charging business is anyone’ game. While some OEM EV vehicle makers have selected partners for their EV Charging Stations, consumers really don’t care about all that. They just want fast chargers liberally sprinkled along motorways to relive range anxiety.

Tesla’s astounding performance delivering nearly one million vehicles last year, may have won many drivers to electric vehicles. But studies by JD Power show that electric car drivers are not necessarily loyal to any one brand — even Tesla (NASDAQ: TSLA).

At just 4% of the U.S. new car population, electric vehicles are still in their infancy. It remains a wide-open field for car makers a well as EV Charging Station installers. While other automakers exhibited only tepid manufacturing in 2021, Tesla (NASDAQ: TSLA) soared. Tesla’s (NASDAQ: TSLA) Stock Straddles $1,000 A Share As Wall Street Investors Await New TSLA Earnings Report Next Week, Analyst Sets 12-Month Price Target Of $1,400; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Big 2022 EV Charing Station Sector Gains For Its PLEMCo., Subsidiary

No question, it is leading the way in the electric car field as it swaggered with an 87% surge in its OEM car production last year — some 50% of that coming from China. More important, Tesla provide electric car manufacturing can be profitable and record-breaking.

America car buyers will not have much choice but to buy anything but electric vehicles. General Motors (NYSE: GM) plans to introduce 30 all electric vehicle models globally by 2025, beginning with its first electric pickup truck being shown trade events– a competitor to Ford’s (NYSE: F) new ‘Lightning,’ an electric version of its best-selling ‘150’ pickup truck.

Tesla may be the most visible electric car company to most consumers, but Wall Street investors know better. They are betting on the Rivian IPO, startups like Foxconn, and the move by General Motors (NYS: GM) and Ford (NYSE: F) into all-electric cars and trucks in the near future.

Electric car sales in the U.S. are soaring, more than doubling in the 1st half of 2021 with Ford (NYSE: F), General Motors (NYSE: GM) and foreign OEM makers, such as Mercedes-Benz, Volkswagen and BMW AG, are setting self-imposed deadlines of 2030 for all-electric model lines. EV Charging Stations — especially fast charging stations — are a key factor in supporting electric vehicle sales.

SIRC’s PLEMCo., can play a major role in the sweetest spot of all — the EV Charging Industry that will support it all. Biden’s $1.2 trillion law with incentives of about $7.5 billion for the EV industry cannot on its own force consumer sales. Too many simply want more EV Charging Stations.

That’s great news for Solar Integrated Roofing Corp. (OTC PINK: SIRC) and its PLEMCo. subsidiary.

For SIRC’s PLEMCo. this is a perfect storm of future growth.

SIRC is a proponent of an eco-system of green energy. The EV Charging Station sector is an important space for SIRC, in addition to its roofing, solar and rechargeable solar battery businesses.

Tesla’s (NASDAQ: TSLA) Stock Straddles $1,000 A Share As Wall Street Investors Await New TSLA Earnings Report Next Week, Analyst Sets 12-Month Price Target Of $1,400; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Big 2022 EV Charing Station Sector Gains For Its PLEMCo., Subsidiary

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock Market Press

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