6 Reasons To Buy Tesla
But here's why I think things will only get better from here: First, Q1 might be the trough. While Total Deliveries were down YoY, it actually increased QoQ, implying an improvement in overall consumer sentiment. Furthermore, management expects a sequential increase in production in Q3. Second, the Fed is expected to cut rates later this year, which could spark an influx of demand for Tesla vehicles - I think many consumers are waiting on the sidelines anticipating falling interest rates, which will improve overall affordability. Third, when we finally do get rate cuts, Tesla should be able to gradually increase ASPs as demand recovers, which should be a net positive for