Tesla at 25-month low, and has given up more than half of its pandemic gains and down 65% in 2022. Reports emerge that the search for a Twitter CEO could possibly take weeks or months, keeping Elon Musk distracted from Tesla issues. Current forward PE stands at 36x earnings.
Tesla will report Q4 deliveries in 2 weeks, and is expected to delivery between 450K and 465K for the quarter, with Giga Berlin and Giga Austin contributing. The bulls will be looking for50% production growth to spark a rally in Tesla's shares in 2023.
$Tesla Motors(TSLA)$
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