Baird analyst Ben Kallo noted that Tesla's stock is experiencing a strong upward trend, fueled by several catalysts that could enhance long-term value for investors.
Kallo highlighted that Tesla's introduction of new vehicles, decreasing production costs, and expansion into new markets are pivotal factors driving the company's profitability and growth.
Kallo stated, 'The removal of the EV tax credit could be a double-edged sword, but for Tesla, it represents an opportunity to outshine its competitors significantly.'
Regarding Tesla's broader business model, Kallo emphasized, 'Many forget Tesla is more than just a car company; its energy division is performing remarkably and contributing to its overall growth.'
Collection
[
|
...
]