Elon Musk 'Likes To Talk Big Numbers' But His Growth Target For Tesla Is Not 'Realistic,' Says Analyst

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What Happened: “The ramp-up time just to produce an all-new model is going to take longer… Elon likes to talk big numbers, he is famous for that but I am not sure that’s realistic,” Brauer said in an appearance on CNBC.

Karl Brauer of iSeeCars on Friday said that he does not believe Tesla Inc.(NASDAQ:TSLA) can achieve Elon Musk’s target of 20% to 30% sales growth in 2025 even with a lower-priced model.

Tesla, however, needs an affordable model, the analyst said, while adding that the company’s latest addition to its lineup- the Cybertruck- was too expensive to ...

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Author / Journalist: Anan Ashraf

Category: Technology

Markets: United StatesChina

Topics: Karl Brauer Electric vehicles TSLA News Mobility Tech Benzinga US88160R1014 KeyProj EVs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-04 @ 12:02:19 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24883751

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