Let's not forget the highly anticipated March 18 keynote by NVIDIA CEO Jensen Huang. There is a possibility of exciting announcements on March 18 which could further boost momentum of NVIDIA. As long as there are no drama from now till March 18, we could potentially see the stock marching towards $1k on March 18, surpassing Apple's market cap while Apple has some demand issues to fix and being delayed in the AI race. Furthermore, thinking long term, NVIDIA last splitted its stock on July 2021 at around $750. We are above $900 now. I'm excitedly counting down, are you?[Miser] $NVIDIA Corp(NVDA)$
My view is we cannot expect another roaring share price surge for Tesla, simply because the situation now is very different. Against the backdrop of highly elevated uncertainty, with issues ranging from record high inflation numbers, a very adamant Fed raising rates to assuage inflation, the ongoing conflict at Ukraine and the increasingly deteriorating relationship between China and the US. I really like Tesla and I reckon we can expect some nice gains but nothing near repeating the 60% surge back in 2020.
In my view, as long as the Russia-Ukraine conflict persists and there are no clear signs of a de-escalation, then the price of oil will remainhigh. Noted on the recession fears that could drive down oil price but consumers are still spending, passengers are still flying and the covid situation looks better as China starts to open up.
Despite around a week of production halt (since March 28) at Tesla’s Shanghai factory due to the city’s two-stage lockdown, Tesla managed to deliver a record 310,048 cars in Q1 and the numbers are impressive!How impressive you may ask. Considering that the output from Shanghai factory is a huge one that surpassed even the Fremont, California factory (which is Tesla’s first plant), one may think the Q1 production numbers will be hit hard as a result of the production halt. But that is not much the case as expectations were some 308,836 cars delivered according to Refinitiv. Now let us take a look at the same period last year, Tesla has delivered 184,800 cars. That is some nice growth: up 67%+ and that is despite the ongoing challenges from supply-chain to factory production halt. Anoth
Despite around a week of production halt (since March 28) at Tesla’s Shanghai factory due to the city’s two-stage lockdown, Tesla managed to deliver a record 310,048 cars in Q1 and the numbers are impressive!How impressive you may ask. Considering that the output from Shanghai factory is a huge one that surpassed even the Fremont, California factory (which is Tesla’s first plant), one may think the Q1 production numbers will be hit hard as a result of the production halt. But that is not much the case as expectations were some 308,836 cars delivered according to Refinitiv. Now let us take a look at the same period last year, Tesla has delivered 184,800 cars. That is some nice growth: up 67%+ and that is despite the ongoing challenges from supply-chain to factory production halt. Anoth
Despite around a week of production halt (since March 28) at Tesla’s Shanghai factory due to the city’s two-stage lockdown, Tesla managed to deliver a record 310,048 cars in Q1 and the numbers are impressive!How impressive you may ask. Considering that the output from Shanghai factory is a huge one that surpassed even the Fremont, California factory (which is Tesla’s first plant), one may think the Q1 production numbers will be hit hard as a result of the production halt. But that is not much the case as expectations were some 308,836 cars delivered according to Refinitiv. Now let us take a look at the same period last year, Tesla has delivered 184,800 cars. That is some nice growth: up 67%+ and that is despite the ongoing challenges from supply-chain to factory production halt. Anoth