Part 6/11:
A pivotal catalyst could be policy clarity surrounding the $7,500 EV tax credit. While most models that qualified previously will continue to do so, the big question lies with the Model 3 Rear-Wheel Drive—whether it will receive the full benefit remains uncertain. A positive development here could significantly boost Tesla’s sales and stock price.
In addition, Black anticipates Tesla will announce a new gigafactory in the second quarter, aligning with recent statements from company insiders and reports suggesting new facilities are imminent. Such expansion would reinforce Tesla’s manufacturing prowess and capacity, fueling investor optimism.