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Indiana | The future. Deliveries 91k vs 72k consensus estimate in for 2nd Qtr. That was with its California plant shut down for 6 weeks. Potential addition to the s&p. Shorts are fighting 2 fronts. The continued increased deliveries and expense/efficiencies in the production which increase margins.
On top of that add in improved battery technologies, China sales, and the cyber truck and semi to be produced in the near future. Also GM paid 4.5 billion or about 25% of thier budget for advertising last year. Tesla pays zero. Their cars are pre sold on line. With a few showrooms. another cost savings.
Musk has created a new industry. This stock will be volatile and have serious dips but think it will continue to climb higher over time. Meanwhile convential car makers will continue to lose market share. They've had their heads in the sand all this time.
Edited by Fetv 7/13/2020 19:44
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