Part 1/4:
Tesla Stock Soaring to $1,000 by 2025?
Bullish Predictions from Futurist Brian Wang
Tesla stock has seen a rapid rise in recent weeks, and while it's taking a breather, many remain bullish on the company's future. Our guest today, futurist and popular science blogger Brian Wang, is predicting Tesla stock will reach $450 by February 5th, 2024 - much higher than the stock's all-time high of $409 reached in 2021.
Wang believes several key milestones will drive Tesla's stock to this lofty target, including:
Q3 2023 Performance
Margins returned to 19.8%, just shy of the critical 20% level
Energy storage (Megapacks) saw over 30% margins
Strong cash flow and indications of car volume growth returning in 2025-2026