TSLA: The Golden Chance to Buy!

skythelimit
2023-12-08

$Tesla Motors(TSLA)$

The Cybertruck is a game changer because it opens up another massive market for Tesla to acquire more market share in the general auto industry. The U.S. pickup market is enormous, with top players selling 400-800K units annually. Moreover, the number of pickup trucks sold in the U.S. could soon hit an annual milestone of 3 million. Tesla's Cybertruck only needs to reach around a 10% market share to contribute $20-30B in annual sales for Tesla.

The Cybertruck is a unique product that comes along once in a great while and should garner significant demand, potentially more than many current estimates project. While the CT's style is iconic and extraordinary, the Cybertruck's exceptional performance should help drive sales. Additionally, the CT should experience increased demand as it goes global. Therefore, we could see sales increasing beyond my projections as Tesla advances in future years.

Tesla Stock: Is It A Meme Stock? Meme Stocks: Should You Buy Now? -  PressReachTesla Stock: Is It A Meme Stock? Meme Stocks: Should You Buy Now? - PressReach

Time for Tesla to head $300 in Dec.?
Investors believe Tesla has shown strength and may potentially fill the gap at 280. If Tesla rises to 280, it could further climb to the 52-week- high of $300. Many stocks hit new highs, but Tesla was weak in November. -------------------------------------------- Is it finally time for Tesla to reach 300? Would you add Tesla? At what price?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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