TSLA Stock Is a Buy as Tesla Ramps Up Shanghai Gigafactory

InvestorPlace2022-05-05

Tesla(NASDAQ:TSLA) is once again proving that nothing will keep it down. When China’s rising Covid-19 cases forced the electric vehicle (EV) leader to close the doors of its Shanghai gigafactory, it ...

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Comments

  • Sharon70
    2022-05-06
    Sharon70
    👍
  • Sharon70
    2022-05-06
    Sharon70
    👍
  • LimLS
    2022-05-05
    LimLS
    Good to hear that Tesla production rate had gone up to 80%. My worry is that the supply chain may not be able to keep up and force Tesla to slow down once again. Also, the 22 days shutdown is very real and the lower numbers will be reflected in their next earning report. Lastly, new Shanghai factory is not officially announced yet. So is this a buy? Not necessarily, especially when we do know that lower numbers due to the 22 days shutdown and inability to ramp up to 100% for a few weeks or more are actually very real. Not bearish but definitely not bullish until Q3 or Q4.
  • xiaos
    2022-05-05
    xiaos
    i hope so
  • Jas12345
    2022-05-05
    Jas12345
    Thanks 
  • 666huat666
    2022-05-05
    666huat666
    Could be another scam
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