Tesla: Still Shining On Strong Fundamentals


  • Competition appears hamstrung after Tesla’s aggressive discounting on cars.
  • Tesla more than likely to capture additional market share based on this price cut maneuver.
  • Margin shortfall due to reduced Tesla prices positioned for an offset.
  • We reiterate our Buy Rating and $802/share Price Target on Tesla stock.

Investment Conclusion

Following strong F4Q2022 financial results, we remain bullish on Tesla, Inc. (NASDAQ:TSLA), as outlined in our initiation report on the company, published last October. Longer-term, Tesla has the largest production capacity, industry leading margins, leading global market share, competitively priced cars, and strong

Tesla Service Center. Tesla designs and manufactures the Model S electric sedan IV


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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