"Assessing Tesla's Future: Navigating Challenges and Rebuilding Confidence"

1 min read
Source: Seeking Alpha
"Assessing Tesla's Future: Navigating Challenges and Rebuilding Confidence"
Photo: Seeking Alpha
TL;DR Summary

Analysts suggest that Tesla's soft growth outlook for 2024 may be due to the Osborne Effect, as the company's announcement of a new cheaper vehicle could lead to a slowdown in demand for its current products. While the company's outlook lacks details on gross margin and expenses, analysts anticipate underwhelming delivery marks and a sluggish share price reaction in the near term. Despite this, there is optimism for Tesla's growth to pick up in the second half of 2025, with consensus expectations for revenue and EPS in 2024 and 2025, and further projections for a dominant position in earnings by 2026.

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