Tesla long term earning potential
Tesla Inc. is a leading electric vehicle (EV) manufacturer and clean energy company. It has achieved remarkable growth in the past few years, with its stock price surging from around $200 per share in early 2020 to over $800 per share in early 2021. However, the stock has experienced significant volatility since then, and its long-term earnings potential is subject to a range of factors.
One factor that could affect Tesla's future earnings is the pace of adoption of electric vehicles. EVs are becoming increasingly popular as governments worldwide set targets for reducing carbon emissions, and consumers become more aware of their environmental impact. Tesla's leadership position in the EV market gives it a competitive advantage, but it will face growing competition from other automakers entering the market.
Another factor that could impact Tesla's earnings is the availability of raw materials such as lithium, cobalt, and nickel, which are used in EV batteries. As the demand for EVs increases, there could be supply chain disruptions or price volatility for these materials, which could affect Tesla's profitability.
In addition, Tesla's expansion into new markets and the success of its solar energy and energy storage products will also play a role in determining its long-term earnings potential.
Overall, while Tesla's long-term earnings potential is difficult to predict with certainty, it is likely to depend on factors such as the pace of EV adoption, competition from other automakers, and the availability of key raw materials.
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The downgrade is devastating for this stock. I can see under 100 soon from the massive selling pressure.
If he can stay off the pharking twitter for a week, Tsla stock will go back up.
META making new highs AH, TSLA doing nothing.