This article first appeared on GuruFocus.
Oct 6 – Tesla (NASDAQ:TSLA) climbed more than 3.5% Monday morning after the EV giant dropped a series of cryptic video teasers hinting at a possible new car reveal.
The clips, which ended with 10/7, featured close-up shots of car parts and headlights, enough to set off a wave of speculation across social media.
Many Tesla watchers believe the company could finally unveil its long-awaited affordable, mass-market vehicle, a model investors see as key to reigniting sales momentum. Others think it could be the long-delayed next-generation Roadster, which CEO Elon Musk recently described on X as something special beyond a car.
The stock rebound came after a rough week in which Tesla reported record third-quarter deliveries of 497,099 units, up 7% year over year. Analysts, however, caution that much of that growth was driven by a pre-deadline rush to secure $7,500 federal EV tax credits before they expired on September 30.
Hargreaves Lansdown’s Matt Britzman said the teasers could point to an entry-level Model Y, adding that the vehicle’s pricing and timing will determine how much demand Tesla can unlock amid intensifying global EV competition.
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