A person named Elon Musk is the boss of a company called Tesla that makes electric cars. Electric cars are better for the environment because they don't use gasoline, which can hurt our planet. Right now, Tesla sells more electric cars in America than any other company. They also sell some in Europe and China. The person who wrote this article thinks that Elon Musk can sell even more cars next year because he has new kinds of cars that are cheaper and better for people in different countries. But, the person still says that Tesla is not the best place to put your money right now because they might have some problems selling cars if fewer people want them or if other companies make better electric cars. Read from source...
1. The title of the article is misleading and sensationalized. It implies that Elon Musk has direct control over the number of new lower-cost models sold next year, which is not true. Tesla's sales depend on various factors such as demand, supply chain, competition, regulations, etc., and Musk cannot simply decide to sell a certain amount without considering these constraints.
2. The article uses outdated and unreliable data sources for its claims. For example, it cites Tesla's TTM basis share of the U.S. EV market, which is not relevant for forecasting future trends. A more appropriate measure would be the current market share based on recent sales figures or projections for 2023.
3. The article makes unfounded assumptions about Tesla's potential capacity and market penetration. It claims that Tesla has a maximum potential capacity of close to 3 million vehicles per year, but does not provide any evidence or analysis to support this claim. Moreover, it assumes that new models will successfully enter new markets without considering the challenges and risks involved in expanding to different regions and customer segments.
4. The article relies on Goldman Sachs estimates for Tesla's future performance, which are notoriously conservative and bearish on the company. It does not present any alternative or independent views that could offer a more balanced perspective on Tesla's prospects. Additionally, it ignores the possibility of positive surprises or black swan events that could boost Tesla's sales and earnings beyond expectations.
5. The article concludes with a neutral rating on Tesla from Goldman Sachs, which contradicts its earlier optimism about Tesla's long-term growth potential. It also fails to acknowledge the significant progress that Tesla has made in recent years in terms of innovation, productivity, customer satisfaction, and brand value. A neutral rating implies that there is no upside or downside to investing in Tesla, which does not reflect the reality of its dynamic and disruptive business model.