Tesla (TSLA): Still An EV Giant, But Now Has Solid Competition

Tesla (TSLA) stock price is just off 52-week lows as their earnings report will be released post-market today. “Years ago, Tesla (TSLA) was considered an upstart and now it has some solid competition. Once they started delivering and establishing a customer-base, the valuation and excitement dropped. However, Tesla is generating revenue now versus in their early days. Tesla delivery social media mentions are up 17% in the last two weeks. Lately, Tesla Model 3 has amounted to 95% of total deliveries, which could cause a losing interest among drivers,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on upcoming Tesla SUVs and trucks.

Fast Market

19 Oct 2022

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