Reported 2 days ago
Gene Munster advises Tesla investors to disregard the third-quarter delivery numbers, which may have been inflated due to a temporary spike in demand following the expiration of the federal EV tax credit. Instead, he emphasizes that Tesla's focus on autonomy and profitable electric vehicle production is crucial for its competitive edge in the future. Munster believes that while immediate demand for EVs might decline, the end of the tax credit could allow Tesla to strengthen its position in the market.
Source: YAHOO