Tesla Could Report Slight Q3 Deliveries Miss Amid Musk's Political Controversies – Munster Explains Why It Won't Hurt The Stock
Portfolio Pulse from Shanthi Rexaline
Tesla is expected to release its Q3 deliveries report soon, with mixed expectations. Gene Munster predicts a slight miss but remains optimistic about Tesla's growth potential. Despite CEO Elon Musk's political controversies, Tesla's strong performance in China and upcoming Robotaxi launch are seen as positive factors. Analysts are generally optimistic about Tesla's future performance.
September 29, 2024 | 6:15 pm
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Tesla's Q3 deliveries report may show a slight miss, but analysts like Gene Munster remain optimistic due to expected growth and strong performance in China. Despite CEO Elon Musk's political controversies, Tesla's upcoming Robotaxi launch and positive analyst sentiment could support the stock.
The article discusses Tesla's upcoming Q3 deliveries report, with expectations of a slight miss. However, analysts like Gene Munster are optimistic due to Tesla's growth potential and strong performance in China. Despite CEO Elon Musk's political controversies, the upcoming Robotaxi launch and positive analyst sentiment are likely to support the stock. The stock has already shown recovery in anticipation of these events, indicating a positive short-term impact.
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