@Tiger V:$Tesla Motors(TSLA)$ I made an additional investment in Tesla despite recent headwinds. GLJ Research raised its price target to $25.28, citing concerns over Tesla’s core automotive business, which still accounts for over 70% of sales and is labeled “fledgling.” While global deliveries fell 1.1% in 2024, and steeper declines are projected for 2025 and 2026 due to EV tax credit roll-offs, increasing Chinese competition, and European brand erosion, Tesla’s Energy Generation & Storage segment continues to show promising growth at 12.1% YoY with strong margins. This diversification supports my conviction for long-term potential in Tesla.
@ARKK Investment Tracker:ARKK Investment Tracker position change: Increased position in Pacific Biosciences of California by 121,704 shares, the number of shares held increased 0.58% compared to the previous period and now represents 0.71% of the total position.