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The 7investing Podcast

Tesla: 3 Key Takeaways from the Q2 2024 Report

Sep 6, 2024
11:55

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".

https://7investing.com/articles/tesla-the-ai-company-is-worth-645-per-share-heres-what-makes-the-stock-a-buy-today/

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