Tesla Inc. bull and Financial expert Gary Black addressed investor concerns regarding the future of Tesla Inc. (NASDAQ:TSLA) stock ahead of the company’s anticipated earnings call.
What Happened: On Wednesday, Black posted on X that the outcome of Tesla’s stock next week is uncertain and heavily relies on how CEO Elon Musk presents the timeline for the much-anticipated $25K compact vehicle. This model is projected to account for half of Tesla’s long-term volume as the company broadens its total addressable market.
“Short answer is we don't know. Much depends on how [Elon Musk] frames timing of the $25K compact, which represents about 50% of most analysts' TSLA long-term volume as TSLA expands its TAM to the mass segment,” he wrote.
Black referenced Musk’s comments from the last earnings call, where Musk mentioned that Tesla was progressing on its “next-generation low-class vehicle” and anticipated starting production in the latter half of the following year. Black expects the $25K compact’s production to commence in 2026, despite the prioritization of the robotaxi project.
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