Wednesday, March 13, 2024

TSLA :: Average Target Price 211.45

 Tesla reaction is overrated and overdone based on FSKR and Cybertruck


The growth rate of the number of Tesla vehicles has been significant over the years. In 2023, Tesla produced 1,845,985 vehicles, marking a 35% increase from the previous year. The company delivered over 484,000 vehicles in the fourth quarter of 2023 alone. Overall, in 2023, Tesla sold 1,808,581 vehicles[3]. Since 2018, Tesla has steadily increased its production numbers, with 254,530 vehicles produced in 2018 and reaching 1,845,985 vehicles in 2023[2]. This growth trajectory showcases Tesla's rapid expansion and increasing market presence.


Citations:

[1] https://www.investing.com/academy/statistics/tesla-facts/

[2] https://tridenstechnology.com/tesla-sales-statistics/

[3] https://ir.tesla.com/press-release/tesla-vehicle-production-deliveries-and-date-financial-results-webcast-fourth-quarter-2023

[4] https://www.statista.com/topics/2086/tesla/

[5] https://backlinko.com/tesla-stats


UPSIDE/​DOWNSIDE
27.0% Upside
$215.26 Price Target


Fun fact:?
Tesla is only $5 lower than where it was a year ago. You know. Before it went up to $299 …..






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