Despite of the disappointing Tesla$Tesla (TSLA.US)$investor day, the company is still positioned to grow. It’s forecasted that EVs will reach30%of global auto sales by 2030. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of17.02%, resulting in a projected market volume of US$858.00bnby 2027.
Tesla aims to maintain its market leader status as EVs grow from a niche market to reach mass consumer adoption.
To meet growing demand, Tesla opened two new factories in 2022, which increased its production capacity.
Tesla also invests around4%of its sales in research and development, focusing on improving its market-leading technology and reducing its manufacturing costs.
To reduce costs, Tesla focuses on automation and efficiency in its manufacturing process, such as reducing the total number of parts that need to be assembled in a vehicle. The company also began designing its own batteries. Tesla's goal is to reduce costs by over50%.
Having said that, the current stock price of Tesla is not exactly very cheap. Investors should exercise caution before making any form of investment decision.
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TeslaSmurf
:
Disappointing investor’s day ? Maybe it wasn’t a fun show, but who hasn’t noticed the huge content (technical and economic) has understood very little or nothing…
Rebellion
:
You sounded like my Financial Controller whom cares only about numbers and not the longer term technicalities. You do not know what is magnet - less motors are for and does not how big an impact when heat pumps are produced in large production volumes. Of course you also do not care about the "unbox" single line assembly that reduce costs and errors from those conventional assembly methods. Now , I call disappointment!
TeslaSmurf : Disappointing investor’s day ?
Maybe it wasn’t a fun show, but who hasn’t noticed the huge content (technical and economic) has understood very little or nothing…
ZnWC : Who's the real McCoy?
Gancongyap : EPS slow down
Rebellion : You sounded like my Financial Controller whom cares only about numbers and not the longer term technicalities. You do not know what is magnet - less motors are for and does not how big an impact when heat pumps are produced in large production volumes. Of course you also do not care about the "unbox" single line assembly that reduce costs and errors from those conventional assembly methods.
Now , I call disappointment!
Kelvin Yo Williams : interesting
friend688 : Is Tesla without up side? I went in the last few days, only to find out down sliding now.