Hard to bet against a company with 2.2 million backorders for the cybertruck. What is amazing, is that since the first deliveries, they are averaging 10K orders per day. With the Jupiter model Y coming out mid 2024, I think it will also be the biggest selling vehicle on the planet for 2024 with at least 15 pct greater range and faster charging. Lithium prices are coming down and batteries getting cheaper by the month. Tesla is in a very good position even with weird Elon. The best engineers are at Tesla, and I believe the cybertruck is the most American made vehicle of anything produced.
$TSLA$ Bullish
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.
Comments