Tesla (TSLA) Enters Growth Phase: Musk Predicts 30% 2025 Boost () program details. Reviews, Scam or Paying
Tesla (TSLA) CEO Elon Musk has shared plans to grow the company’s vehicle sales by 30% next year, shocking Wall Street investors’ predictions. Musk’s 2025 forecast and improving profit margins sparked the biggest jump in Tesla shares since May 2013. The shares of the EV manufacturer jumped by 22%, adding nearly $150 billion to the company’s market capitalization, following its Q3 earnings report. Amid competition in the rideshare and electric vehicle industry, Tesla is facing a strong increase in demand. However, experts are shocked at how optimistic Elon Musk’s predictions are about the company’s production projections. His forecast of 20-30% growth, after a negligible bump this year, is nearly double what Wall Street has been expecting. The International Energy Agency estimates global EV sales to grow about 23% to 17 million this year, down from a 35% rise last year and over 50% growth in 2021. This lack of sales contrasts Musk’s desire to boost EV...