Reported 3 days ago
Tesla investors are eagerly awaiting the automaker's quarterly results, hoping to learn more about a new lower-priced model that could drive sales growth following a disappointing 2024, where deliveries fell for the first time. With eager competition from companies like BYD in China, analysts believe the new model is essential for Tesla's growth strategy, despite concerns about federal subsidies. Tesla's stock has surged, reflecting investor optimism about its future, including advancements in AI and vehicle technology.
Source: YAHOO