I, Brian Wang, have made some good comments over the previous few months about Tesla’s stock price movement. Tesla retreated after reaching a high of $488. This got here after greater than doubling from $213 at the top of October 2024. Tesla disillusioned with delivery of 495,000 cars in the fourth quarter of 2024, when 506,000 cars were expected. Energy deliveries of around 8-9 GWh in megapacks were expected, but Tesla topped that with 11.2 GWh. Better energy efficiency will mean higher profit than lower profit of cars.
I consider that automatic margins will likely be over 20% when earnings are reported.
However, crucial a part of Tesla’s stock performance is its rapid improvement with FSD (full autonomous driving), each through AI driving capabilities and, once regulatory approvals in China and Europe are obtained, Robotxi is licensed unattended and FSD is licensed by other automotive corporations.
$TSLA The battle between buyers and sellers will remain at $375 for about an hour. Sellers will attempt to get the value below $373 again, but I do not think it can work. The buyer is attempting to push the value above $390 to make a better intraday high. If this decline continues above $374, it can be a better…
— nextbigfuture (@nextbigfuture) January 2, 2025
Brian Wang is a futuristic thought leader and popular science blogger with a million monthly readers. His blog Nextbigfuture.com is ranked primary in the Science News Blog rating. It covers many disruptive technologies and trends, including space, robotics, artificial intelligence, medicine, anti-aging biotechnology and nanotechnology.
Known for identifying cutting-edge technologies, he’s currently a co-founder of a startup and fundraiser for high-potential, early-stage corporations. He is the Head of the Allocation Research Department for investments in deep technologies and an Angel Investor at Space Angels.
A frequent corporate speaker, he has been a TEDx speaker, a Singularity University speaker, and a guest on quite a few radio and podcast interviews. He is open to public speaking and giving advice.
