Part 9/10:
Tesla projects Q4 deliveries of over 515,000 vehicles, a new record, with more than 500,000 vehicles delivered for the first time. The company expects energy storage deployments to double in 2024, further diversifying revenue streams.
Elon Musk’s team remains optimistic about Tesla reaching a stock price of $310 within the next 12 months, driven by ongoing technological progress, record sales, and expanding energy business.
Final Thoughts
This earnings report is a massive turning point—not just a showcase of numbers but of strategic leadership, technological innovation, and market expansion. Tesla’s ability to increase gross margins across automotive and energy divisions, coupled with substantial cash reserves, paves the way for long-term dominance.