With Tesla's earnings now behind us, it's time to reevaluate our confidence in the company. I'm beginning to think that gross margins won't hold the same significance anymore, given Tesla's dominant position in the EV charging industry. Likewise, the recent announcement regarding "early talks for FSD licensing" seems sufficient to propel the stock price to all-time highs. Elon wouldn't have made this announcement unless the discussions had reached a mature stage. In my view, this is the ChatGPT moment for Tesla.
In the short term, we might observe consolidation around the multi-year breakout levels. However, my belief is firmly rooted in the long-term perspective, where I expect the trend to continue upward, as long as the macro environment remains supportive.
In the short term, we might observe consolidation around the multi-year breakout levels. However, my belief is firmly rooted in the long-term perspective, where I expect the trend to continue upward, as long as the macro environment remains supportive.
