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Tesla stock pops 20% on a monster quarter and a very positive outlook in the rest of the year and next.


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  • Gold Member
Posted (edited)

As demand picks up, battery materials get dirt cheap, cybertruck gets profitable, new models coming online growth is set to explode for Tesla.

 

“The bottom-line [from positive commentary on the earnings call] was that Tesla is charging up for the next wave of growth,” Murphy said. “[M]anagement's sees unit volumes to materially step up by 20-30% in 2025. This radical change is likely to be fueled by the expected production start of a more affordable vehicle in 1H25 (more likely 2H25) and the Cybercab.”

https://finance.yahoo.com/news/tesla-earnings-wall-street-weighs-in-following-monster-quarter-172331008.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAALt55pqUrkKtPQi23zLqnqjxoXr081NwxYdApe-Fn_3q6nxJsnp8_F-Ji8LWX1hNbvMpzJlCSpNXIkzQqa-dfAZPhY17gY6id_z-Pv-giv9SfWK9MuOVdTirYCLsibdm2nhoajXoAjWtMa5euQI7sz5P7VfpDS7iW1X7iMYd2Tad

 

Edited by BOHICA
  • Haha 1
  • Platinum Contributing Member
Posted

More affordable cars what a novel idea. Maybe now they will stand a chance at competiting with China a little better

  • Platinum Contributing Member
Posted (edited)

Go Musk....lol.....:bc:...he's on the good team now. :thumbsup: I wish him good fortune 

Edited by ViperGTS/Z1

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  • Trying to pay the bills, lol



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