Tesla has had two bad years where growth in revenue was stalled and profits were squeezed.
There was bad economies in China, Europe and the USA. Interest rates have been high.
Now China is stimulating its economy with hundreds of billions and the US is cutting interest rates.
Tesla has made about 20,000 Cybertrucks this quarter (Q3) and is outselling all other electric trucks combined after only a few months and this is with mainly the $120,000 Foundation model.
The larger 4680 batteries have the first four lines nearly ramped. The lines at 25 GWh/year can then just be copied.
Abundant batteries and using the 1-2 million car per year production capacity from existing factories will drive revenue and profits.
Tesla FSD should be completely solved with version 13 out next month.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.