Tesla's stock price strongly rebounded after being upgraded to a higher Target Price by Wall Street Analysts!
Driven by the upgrade of the Target Price by Wall Street Analysts, Tesla's stock price rebounded strongly on Friday.
Sales are dismal! Is the Cybertruck not as good as advertised?
According to media institutions' estimates, the delivery volume of Cybertruck in the fourth quarter may only be 9,000-12,000 units, with annual sales in the range of 0.035 million-0.05 million units, far from the previously disclosed official figure of "over 1 million units" in orders. Analysis suggests that the mass production version of the Cybertruck is more expensive and has a shorter range than the initial version, which may be a significant reason for the lower-than-expected delivery volume.
Institutions estimate that the delivery volume of the Cybertruck in the fourth quarter may only be 9,000 to 12,000 vehicles.
According to estimates from media Institutions on January 5, the delivery volume of Cybertruck in the fourth quarter may only be between 9,000 to 12,000 units, with annual sales in the range of 35,000 to 50,000 units, which is far less than the previously disclosed official forecast of "over 1 million units". Analysts state that the mass production version of the Cybertruck is more expensive and has a shorter range than the initial version, which may be a significant reason for the lower-than-expected delivery volume.
We Tested Tesla's Newest Self-Driving Software. This Is the Surprise. -- Barrons.com
Weekend Reading | A single article to understand Musk's SpaceX and the new opportunities in China's commercial aerospace.
Looking at the field of space exploration today, only China and the USA remain as the two players carrying the fate of humanity forward. Objectively speaking, China's commercial space industry still has a considerable gap compared to the USA, and as SpaceX's flagship technology, reusable rockets are undoubtedly a key challenge that must be tackled.
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Express News | Soochow: The domestic automotive landscape and valuations are expected to undergo a new round of reshaping.
In 2024, new car sales in the USA are expected to reach a five-year high, with General Motors (GM.US) continuing to hold the title of best-selling brand.
In 2024, new car sales in the USA continue to rise, rebounding from the historical lows caused by the pandemic and supply chain shortages over the past four years.
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