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Tesla: 3 Key Takeaways from the Q2 2024 Report
Tesla always gives investors plenty to talk about!
In today's show, 7investing CEO Simon Erickson describes 3 key takeaways from the company's second quarter report:
- The all-time high in regulatory credits, driven by attractive financing rates and political uncertainty
- The Energy business recognizing an all-time high in revenue and growing 100% in year-over-year comparisons
- A production and deliveries update on the Model S, X, and Cybertruck.
Overall, Simon believes Tesla's stock is only worth $104 per share "as a car company" but is worth up to $650 per share "as an AI company"…
The skinny
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