GMBStaff

 30 Sep 23

tl;dr

<p>Tesla CEO Elon Musk believes the company will achieve 20 million annual vehicle sales by 2030, setting the stage for its future growth. With a focus on electric vehicles, Tesla aims to disrupt the automotive industry and accelerate the shift towards sustainable transportation. The company's...

John Engle

  • Tesla, Inc. CEO Elon Musk has confidently claimed that the company will reach 20 million annual vehicle sales by 2030.
  • Analysts warn of difficulties in achieving this growth, with downside risks to earnings expectations and overestimation of Tesla's growth potential.
  • Tesla's current valuation is significantly higher than what can be justified by its automotive business alone, and its non-automotive enterprises face challenges.

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 22 Nov 24
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