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Tesla stock entering its next growth wave: Analyst

DeFi Daily News by DeFi Daily News
October 28, 2024
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Tesla CEO Elon Musk is always full of surprises. His latest one came in the form of a surprisingly strong third quarter earnings report and very upbeat earnings call. Musk is full steam ahead, outlining a significant ramp in production for 2025 and eyeing the start of a ride-hailing platform. What’s more, Tesla (TSLA) continues to rake in big bucks from full self-driving technology and expects humanoid robots to be a large contributor to the business in the not-too-distant future. Yahoo Finance Executive Editor Brian Sozzi sits down for an in-depth conversation with Bank of America senior automotive analyst John Murphy. Murphy – who joined the Automotive Hall of Fame in 2023 – shares his bullish outlook on Tesla after the company shocked most on Wall Street with its third quarter earnings results. The veteran analyst is modeling for double-digit percentage sales and earnings growth in 2025 and 2026 as Musk’s efforts gain hold.
#youtube #TESLA #stockmarket

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Tags: AnalystBondsbusinessCurrenciesEnteringEquitiesFXGrowthInvestingInvestmentMarketMarketsMoneyNewsNYSEOpening BidPersonal FinancePoliticsSavingsStockStock marketstocksTeslawaveYahoo FinanceYahoo FInance Premium
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