Tesla Stock Prediction: The Model 3 Will Start Production This Month, Expect Tesla’s Stock To Shoot Up
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Tesla Stock Prediction
Summary:- Elon Musk revealed that the affordable Model 3 Electric car will start production this July. He said 30 units of the Model 3 will be produced this month.
- Musk also promised that production of the model 3 will exponential ramp up. He estimates that by September, Tesla will be rolling out 1,500 new Model 3 cars.
- Expect bulls to believe Musk. They will likely push TSLA’s stock price higher this year.
- Selling the Model 3 is Tesla’s transformation as a real rival to car firms who sell affordable electric cars like Nissan.
- I Know First has a very bullish one-year algorithmic market trend forecast for Tesla’s stock. Going long now might prove profitable later.