$Tesla Motors(TSLA)$ Why Tesla-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Tesla Motors(TSLA)$

Why Tesla’s Future Looks Bright Despite Q2??

• Institutional analysts are increasingly bullish on $TSLA, focusing less on Q2 delivery concerns and more on long-term growth opportunities.

• Tesla's Q2 delivery estimates might be lower than expected, but analysts are still hopeful due to events like the robotaxi unveiling on 8/8 and future growth prospects.

• Production challenges in Texas have led to lower Q2 production estimates for Tesla, affecting delivery expectations.

• Despite lower sales across the industry, Tesla's better cost controls and improved profit margins are seen as positives.

• Analysts are starting to cover Tesla with positive outlooks, considering factors like the Model 3 refresh and AI-based self-driving initiatives.

• Tesla's potential cost advantages with locally sourced batteries and tax credits could greatly impact future profits.

Tesla Beats! Will You Join the Party Now?

In the second quarter, Tesla produced approximately 411,000 vehicles and delivered around 444,000 vehicles, exceeding analysts' expectations of 436,000 vehicles. The stock rose 10% on Tuesday, reaching $231. Morgan Stanley maintains an "Overweight" rating for Tesla with a target price of $310. --------------- What is your target price for Tesla? After breaking through $220, the next step for Tesla is?

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Comments

RandyHall
07-01 20:11
RandyHall
Positive outlook

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