Tesla Giga Texas: Analyst Ups Price Target, But Is It Justified?
A recent analyst visit to Giga Texas has resulted in a price target bump to $400. The analyst cited confidence in Tesla's growth trajectory, highlighting the core EV business, robotaxi aspirations, and Optimus potential. While this paints a rosy picture, should we really be this bullish? Deliveries have been underwhelming in 2024, and a lot hinges on the successful execution of FSD and the next-gen platform.
The analyst’s Cybertruck and Model Y FSD test ride seemingly left a positive impression, but anecdotal evidence can be misleading. How much weight should we place on a single test drive? Can FSD truly overcome real-world challenges consistently?
Moreover, the analyst mentions Tesla's upcoming low-cost EV. While this could be a game-changer, details remain scarce. What will the actual price point be? Will it cannibalize existing Model 3/Y sales?
This price target increase raises more questions than answers. What are your thoughts on Tesla's long-term prospects? Is this optimism warranted, or are we setting ourselves up for disappointment? Let’s discuss.
Tesla Giga Texas: Analyst Ups Price Target, But Is It Justified?
A recent analyst visit to Giga Texas has resulted in a price target bump to $400. The analyst cited confidence in Tesla's growth trajectory, highlighting the core EV business, robotaxi aspirations, and Optimus potential. While this paints a rosy picture, should we really be this bullish? Deliveries have been underwhelming in 2024, and a lot hinges on the successful execution of FSD and the next-gen platform.
The analyst’s Cybertruck and Model Y FSD test ride seemingly left a positive impression, but anecdotal evidence can be misleading. How much weight should we place on a single test drive? Can FSD truly overcome real-world challenges consistently?
Moreover, the analyst mentions Tesla's upcoming low-cost EV. While this could be a game-changer, details remain scarce. What will the actual price point be? Will it cannibalize existing Model 3/Y sales?
This price target increase raises more questions than answers. What are your thoughts on Tesla's long-term prospects? Is this optimism warranted, or are we setting ourselves up for disappointment? Let’s discuss.
- By Anonymous