NUGGETS OF ALPHA
The average car price in the U.S. is $48,000; the Model 3 is as low as $28,000
California is moving to zero-emission vehicles
Analysts believe a 50% CAGR can continue for Tesla over the next eight years
Existing Gigafactories are ramping up, while Mexico & India are coming
Tesla opened an average of 3.5 new supercharger sites globally per day in Q2.
Tesla's supercharging business is likely to reach up to $20B by 2030
Tesla's annual automotive revenue run rate is $85B, up $13.5B from the full-year 2022
Cybertruck interests top the charts among existing Tesla vehicle owners
Tesla vehicles are the most American-made automobile on the road
Tesla is now the world’s largest energy storage system supplier
Texas approves two virtual power plants involving Tesla Electric customers
India is considering an import tax cut if EV makers build part of the vehicle domestically
Our lesson today will cover:
Tesla's innovative technology
Tesla's strong brand image
Tesla's dedicated fan base
Tesla's aggressive expansion plans
Examples of Tesla's success
The average car price in the United States now sits at $48,000. Tesla now smashes average car prices, which is helped by things like the IRA tax credits and state incentives. The Model 3 can be purchased for as low as $28,000, depending on the state-by-state offers. Tesla already moved beyond ICE parity.
California, the fifth biggest economy in the world, wants to
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