Tesla’s Soaring Shares: A Tale of Robots and Revenue
Barron’s report on elongated wait times for the Model Y-now stretching from one to three weeks to a grotesque four to six-has been interpreted by some as evidence of renewed demand. Yet let us not forget: this is a company whose sales have hemorrhaged year-over-year in 2024, a season of Lent for EV enthusiasts. The tax credit’s impending expiration, that alms of $7,500, may yet drive a final stampede of buyers, as frantic as a horseman fleeing the Four Horsemen.