Feb 5, 2024
Investment in Tesla for 2024 Looks Promising
Looking ahead to 2024, Tesla's revenue projections paint a promising picture of its growth trajectory. The company is expected to generate $80 billion from the sales of two million Model 3/Y vehicles, assuming an average selling price (ASP) of $40,000 each. The introduction of 75,000 Cybertrucks, with an ASP of $90,000, is anticipated to contribute an additional $6.75 billion. Sales from 75,000 Model S/X vehicles, with a higher ASP of $110,000, are projected to add $8.25 billion to the revenue pool. Furthermore, the emerging Tesla Semi, with an estimated 25,000 units sold at an ASP of $175,000, is expected to bring in $4.5 billion. Additional revenue streams include regulatory credit revenues of $2 billion, automotive leasing revenues also at $2 billion, energy generation and storage sales projected at $7 billion, and services and other revenues estimated at $8.5 billion, culminating in a total revenue estimate of $119 billion for 2024. Subscribe to the Elon Musk Podcast Youtube - http…