Heading into 2022, Street optimism for the electric vehicle “revolution led by Tesla is building after a bumpy 2021” due to the chip shortage and logistics issues, Wedbush analyst Daniel Ives tells investors in a research note. The analyst believes the stage is now set for electric vehicles “to take a significant step forward in driving customer adoption in this green tidal wave with many winners as part of the biggest transformation to the auto industry since the 1950s.” Tesla navigated the chip supply shortages better than any automaker globally over the last six months and is in a “clear position of strength” heading into 2022, contends Ives. He sees three catalysts for the stock moving to Wedbush’s price target of $1,400 and potentially his bull case of $1,800: Ramping production in China, Gigafactory openings in Austin and Berlin, and unit growth potentially rising to 1.4M-1.5M annually for 2022. Ives keeps an Outperform rating on Tesla, which closed Monday up $26.94 to $1,093.94.