Suddenly these people are asking us to buy Tsla! Few weeks ago was...Dont buy! Its a dead stock
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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