Tesla Analyst Expects Cybertruck To Drive Explosive Growth: 'Shorts Really Don't Get How Important..'
Portfolio Pulse from Shanthi Rexaline
Gary Black, co-founder and Managing Partner of Future Fund, predicts that the launch of Tesla's Cybertruck will significantly boost the company's growth. He believes the Cybertruck will expand Tesla's total addressable market and attract potential customers who may end up purchasing other Tesla models. Contrary to the Street’s volume forecast, Black anticipates a 53% surge in volume for Tesla in 2024.
July 05, 2023 | 5:41 am
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POSITIVE IMPACT
The launch of Tesla's Cybertruck is expected to significantly boost the company's growth and expand its total addressable market. This could potentially lead to a 53% surge in volume for Tesla in 2024.
The Cybertruck is a significant product launch for Tesla, and it is expected to attract a new customer base, potentially leading to increased sales of other Tesla models. This could significantly boost the company's growth and lead to a substantial increase in volume in 2024.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100