Shares & Derivatives
Bull v. Bear Case for Tesla: What to Expect for Investors in 2023 and Beyond
By sgstockmarketinvestor  •  March 7, 2023
In the ever-evolving world of electric vehicles, one name stands out above the rest: Tesla. The past year proved to be a rollercoaster ride for the EV pioneer, filled with triumphs and challenges. While facing stiffer competition from established automakers like Ford and GM, Tesla continued to break its own production and delivery records, with a whopping 1.31 million vehicles delivered in 2022 alone, which is a 40% growth year over year. However, the final quarter of the year saw some hiccups, with delivery numbers falling short of expectations and analysts expressing concern over weakening demand. Despite these challenges, Tesla managed to beat earnings expectations and increase its cash position by over $1 billion. So, what’s next for this electric giant? Let’s dive in and find out. FY2022 Earnings As we can see from Tesla’s FY2022 earnings above, Tesla had a remarkable year despite the ongoing economic instability marked by surging inflation and interest rates. Tesla’s automotive revenues soared by 33%,...
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By sgstockmarketinvestor
Hey there! I’m Gavin! No I didn’t study in a business/finance school, neither do I have any background in business/finance. I did take POA in my secondary school but that’s about it. This is just my website where I share stock analyses as well as my journey in investing. Do take note that whatever I share is not a buy or sell call, and is purely just me sharing my thoughts. If you like what I do, please do support me by visiting and sharing my page often whenever I post my stock analyses.
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