Tesla, the electric vehicle (EV) pioneer, recently unveiled its Q3 2023 delivery figures, causing ripples in the market. While the numbers may have shown a sequential decline, this article aims to shed light on why I, a long-term investor, remain steadfast in my belief that Tesla’s target price of $300 by the end of 2023 remains intact.$Tesla Motors(TSLA)$ 1. A Closer Look at Tesla’s Delivery Data: Tesla reported a total of 435,059 deliveries in Q3 2023, accompanied by a total production figure of 430,488 vehicles. These figures represent a sequential decline from the previous quarter, but they merit closer scrutiny. The company attributed this decline to planned downtimes for factory upgrades, a factor discussed du
Target price for Tesla after delivery data?
Tesla released the latest 3Q deliveries of 466,140; surpassing the estimates of 455K units. ------------------ How do you view Tesla's delivery data? What's your target price for Tesla? Are you bullish/bearish on Tesla stock price?
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