2024-07-08 12:23:51 ET
Summary
- Tesla, Inc. stock has been my top-performing investment, with a more than 2,100% return since 2013.
- Despite the recent surge, Tesla's stock has considerable upside potential in the intermediate and long term, with positive developments and potential for beating sales and EPS estimates.
- Tesla delivered 422,405 vehicles last quarter, surpassing many analysts' estimates, and is expected to outperform Q2 estimates with strong future growth potential.
- Tesla could increase sales and earnings more effectively than current estimates suggest, enabling its stock to go much higher.
I've been a Tesla, Inc. ( TSLA ) bull for a long time , and expressed my bullish stance in my previous Tesla article . In fact, I remember it like yesterday. I purchased my first Tesla stock in October 2013, almost 11 years ago. Split adjusted, Tesla was around $11 bucks then. So, we're looking at a more than 2,100% return, making Tesla one of my best-performing investments over the years....
Read the full article on Seeking Alpha
For further details see:
Tesla: A Strong Buy Despite The Massive Rally