Is Tesla going to comeback is one of the most important question everyone is getting in his mind.
Tesla is nearly 24% down since last year at the same date. The LTP of Tesla is 191.97 last Friday. The estimated earning per share of Tesla for the coming quarter is $0.67. But i think Tesla is going to give good reports then expected. It is improving its market in Chinese market. Tesla has recalled its Chinese customers for the software glitch. From the last report Tesla is almost 8.1% high. Tesla is such a strong company that it is providing 8,700 vehicles software fix over the air.
Tesla is also running the AI race with NVDIA. The model 3 long range version will outperform the market. I think Tesla has thought the exact thing the market wanted. Market have lots of varieties in the EV but there are few who are playing in the long range. In the countries like India where charging stations are not well developed the model 3 long range will outperform the market. I think it is a great price to buy Tesla.