Tesla
Outlook ☀️
Despite a collapsing stock price and political backlash against founder Elon Musk, the world’s top-selling plug-in carmaker has several positives to look forward to. Orders for Tesla’s newly revamped Model Y are accelerating, notably even in China, and production rates are poised to increase quickly. Meanwhile, the company’s battery sales to utilities, which generate higher margins than autos, appear underappreciated as a profit driver.
—Steve Man
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