Dan Ives On How Tesla (TSLA) Paid Dividends With Model 3/Y Price Cuts

Tesla's (TSLA) delivery number was a clear step in the right direction, according to Wedbush. Dan Ives discusses TSLA as its shares fall after latest deliveries report. He talks about how 1Q deliveries rose 36.4% year-over-year, and Wedbush maintains an outperform rating with a $225 price target for TSLA. Wedbush notes that its Model 3/Y price cuts have paid major dividends, demand appears very solid, but the big question will be its margins. Dan then goes over how Apple's (AAPL) "golden installed base" creates stability; services business can accelerate in FY24. Wedbush has an outperform rating for AAPL. Tune in to find out more about the stock market today.