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TESLA STOCK TO $1,420 😱 DO THIS NOW

52.6K views
•
October 25, 2021
by
Financial Education
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TESLA STOCK TO $1,420 😱 DO THIS NOW

TL;DR

Tesla's stock reaches over $1,000 per share, resulting in a trillion-dollar market cap after Hertz places an order for 100,000 vehicles.

Transcript

well holy smokes folks this ain't no dang jokers uh flapjacks are out here getting flipped today let's put it that way uh invisible cheers to all tesla shareholders today what a day i wake up to see tesla stock up 14 yes 14 over a thousand dollars a share now over a trillion dollar market cap that is a good way to wake up nonetheless okay the gains... Read More

Key Insights

  • 👲 The surge in Tesla's stock and market cap showcases a significant achievement for the company.
  • 🚙 Hertz's order signals increased demand for Tesla vehicles and highlights the potential for more sales in the future.
  • ✋ Tesla's profitability is expected to improve due to the price hikes on their vehicles, resulting in higher margins.
  • 💆 The projected delivery numbers for 2021 and 2022 suggest continued growth for Tesla as they aim to reach mass volumes of vehicle production.
  • 🚙 The potential for more rental car companies and other companies to order Tesla vehicles in the future presents additional opportunities for sales.
  • 👨‍💼 Tesla's long-term growth prospects, such as the autonomous taxi network and the battery business, contribute to its bullish outlook.
  • 🚕 The increase in Tesla's valuation poses a challenge for selling shares due to potential tax implications.

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Questions & Answers

Q: How has Tesla's stock performed recently?

Tesla's stock has experienced a significant surge, increasing by 14% and reaching over $1,000 per share.

Q: What is the significance of Hertz ordering 100,000 Tesla vehicles?

Hertz's order will expose more people to Tesla vehicles and potentially lead to more sales as people try out the cars through rentals.

Q: How will Tesla's profitability be affected by the recent price hikes on their vehicles?

The price hikes will likely improve Tesla's margins and overall profitability, potentially surpassing analysts' expectations.

Q: What are Tesla's projected delivery numbers for 2021 and 2022?

Tesla is expected to deliver nearly 900,000 vehicles in 2021 and analysts forecast the company to deliver around 1.4 million vehicles in 2022.

Summary & Key Takeaways

  • Tesla's stock has surged by 14% in a matter of days, reaching a value of over $1,000 per share and a trillion-dollar market cap.

  • Rental car company Hertz has ordered 100,000 Tesla vehicles, which will increase the exposure of Tesla cars and potentially lead to more sales.

  • Tesla's profitability is expected to improve significantly due to the price hikes on their vehicles and their projected delivery numbers for 2021 and 2022.


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