Apr 23, 2025
 in 
Hot Stocks 🔥

Elon Musk to Focus On Tesla After Earnings Miss | Nemo

Name of opportunity: 👀

Tesla, Inc.

Stock price rallies ↗️

Tesla has surged in price over the last day, going up by 4.60%. This might be because the company’s CEO, Elon Musk, has announced he will take  a step back from his leadership role in DOGE (Department of Government efficiency) and focus more on Tesla.

Tesla is currently performing well financially, with strong revenue, cash generation and a solid profit margin. Analysts currently recommend to ‘hold’ Tesla stock at the moment.

How hot is this investment opportunity? 🔥🔥🔥

Analysts predict the price of Tesla might increase from $237.97 to $313.77 in the next 12 months. If you invested $1000, you might profit $318.54.

Tesla is predicted to rise in price again according to the average analyst. The recent dip might be because of recent market volatility, and Musk’s controversial political role that might have contributed to negative investor sentiment.

Tesla adjusted earnings per share of $0.27 which missed the estimated $0.44. The Q1 earnings report revealed that Tesla’s revenue for Q1 is $19.34 billion, which is far below the earnings that were reported a year ago of $21.3 billion. 

Despite this earnings miss, Tesla stock is up. This might be because Musk announced he’ll be taking a step back from his political role to focus on Tesla, and because the company has said that plans to start producing affordable vehicles in the first half of the year are on track.

Musk also announced that Tesla is still planning to launch a pilot of its autonomous robotaxis in Austin, Texas this June, which may also have reassured investors. 

EV manufacturer 🚙

Tesla is an American multinational automotive company that manufactures and sells electric vehicles (EVs), stationary battery energy storage solutions and more. The company is headquartered in Austin, Texas.

Which neme?: 🔍

‘Big Tech’  ‘This Week's Earnings’, ‘What Analysts Say’, ‘Copy a $11.5Trn Asset Manager’,  ‘Invest like the Wealthiest’, ‘Big Tech’,  ‘Top Stocks onX/Twitter’, ‘Largest U.S. Stocks’, ‘‘Trump Tariffs: Will they work?’, ‘Automotive’, ‘Electric VehiclesGreen Energy’, ‘Battery Tech‘Top Stocks for Beginners’ ‘Robotaxis’

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Han Tan

Han Tan is a seasoned financial journalist and news presenter renowned for his expertise in global markets. With a career highlighted by interviews with prominent figures and recognition from major media outlets like CNN and Reuters, he delivers insightful analysis on market news and macroeconomic trends to clients and international audiences. Han's sharp commentary on currencies, stocks, and commodities is familiar to viewers of Bloomberg TV Malaysia, BFM 89.9, and NTV7, cementing his sterling reputation in the industry.