Tesla: At A Crossroads


  • Tesla, Inc. is encountering unprecedented business challenges.
  • With the EV industry approaching maturity, competition is intensifying, customer demand is declining, and substitutes are becoming popular.
  • Tesla has responded by doubling down on the EV pricing war it initiated in late 2022.
  • In addition, the firm appears to be accelerating the development of its FSD platform and the launch of its Robotaxi service.
  • We remain Bullish on Tesla, Inc. shares. Reiterate $492/share Price Target and Buy Rating.

Tesla EV electric vehicles on display. Tesla models include the Model 3, Model Y, Model X and Model S.


Investment Conclusion

It is not Tesla, Inc.’s (NASDAQ:TSLA) world anymore. The company is encountering its most intense competition ever. Customer demand for electric vehicles (EVs) in key markets is declining. In addition, hybrids and plug-in electric vehicles are gaining traction.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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