Shares of Tesla (TSLA) are rising after reporting better-than-expected EV sales for its second quarter and receiving several price target increases from Wall Street analysts. Stephanie Valdez Streaty, Cox Automotive director of industry insights, joins Catalysts to give insight into what can drive the growth of EV sales. Valdez Streaty points one hill that the EV market must climb to increase sales: "As you can imagine, affordability is always the top barrier. If you think about more options for consumers, if we can have more affordable EVs, that's going to be a game changer. Right now, the average transaction price for an EV is close to 50,000, 54,000, and so that's price premium over an internal combustion engine. And so I think if we can start to get more of these affordable EVs, that's really going to help. One of the things I wanted to mention for providing more affordable is used EVs as we start to see more of those enter the marketplace." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino...

Tesla shares rallied further, continuing Tuesday's momentum after the electric-vehicle maker's quarterly deliveries fell less than expected. + The stock (TSLA) rose more than 5% in early trading Wednesday and was the best performer in the Nasdaq-100...