Tesla is likely to beat expectations in their 18 July 2023 earnings report due to their increased production and strategic alignment with India and China, two markets with significant demand for electric vehicles (EVs).
Tesla's focus on expanding production capacity is a positive indicator. By ramping up production, the company is positioning itself to meet the growing global demand for EVs. Additionally, their strategic moves to establish a strong foothold in India and China, which represent two of the world's largest automotive markets, could be immensely beneficial.
India and China have been pushing for increased adoption of EVs as part of their efforts to reduce pollution and dependence on fossil fuels. Tesla's commitment to these markets aligns well with their long-term growth strategy. Furthermore, plans for a cheaper EV option catered to these markets indicate an understanding of local preferences and affordability, which could help drive sales and market penetration in these regions.
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I think we will see 350 sooner then we all thought. I wouldn't be surprised if TSLA surpasses NVDAs market cap.
Your chances of making money investing in Tesla are much greater then winning the lottery ticket.
Tesla is a great company however it is volatile and I manged to make more playing the swings rather than just holding. Regardless of how great a company is, there are so many factors that can push the markets. Good luck to everyone and I hope you do well.
Either way, buy more shares or make more $$$
In at $900 before the split. Good buy?