Tesla's 9 Catalysts Headed Into the New Year, 2023

Tesla Has 9 Main Catalysts and a $400 Price Target in the next 6 to 12 months, according to Gary Black, manager of the Future Fund.

Tesla Catalysts

Tesla has numerous catalysts headed into 2023, according to Gary Black, managing partner of the Future Fund. Gary has long been a supporter of Elon Musk and Tesla. Here are his catalysts:

1/ TSLA 4Q delivs/EPS Jan

Elon Musk has stated that Tesla is going to have an epic Q4, 2022. As such, Tesla offered a $7,500 discount on all its vehicles - yes ALL of them before the end of the year. That means the Model S, Model X, Model Y, and Model 3. Tesla is trying to get its inventory at or near 0. This will bode well for Q4, 2022 earnings and I think Tesla will surprise on the upside with deliveries, production, and earnings.

2/ $7,500 EV credit into effect Jan

Tesla's $7,500 discount ends tomorrow, however, that doesn't mean there won't be anymore discounts. The IRA tax credit goes into effect tomorrow, and that means buyers of Tesla and other EVs will be able to claim $7,500 on their taxes when they file them in 2024. This is a big deal and will increase demand.

3/ FSD V11 beta wide release Jan

FSD is finally going to wide release and this most likely will happen in January, 2023. This is close to Elon Musk's timeline where he said by December, 2022, it would be in wide release for anyone to use, regardless of Tesla safety score.

4/ Megapack revs/profits 1Q

A sleeping giant is Tesla Megapack. Most people aren't including Tesla Energy as a catalysts for 2023, but with the data from Lathrop and the huge backlog, along with what we see the Megapack selling for, we think Tesla will make billions in 2023 just from Megapack alone.

5/ TWTR CEO announcement 1Q

Elon Musk should announce a new Twitter CEO in Q1, 2023. This will help ease investor concerns that Tesla doesn't have its CEO who is distracted with Twitter. Its unknown who Elon Musk will pick as CEO, but even Mr. Beast, the YouTube sensation, has said he would do it.

	Tesla Insurance Kind of Sucks -Hidden Costs I Wish I Knew When I Got My Model 3 Two Years Ago - by Timothy Boyer
	Why J.D. Power is Predicting the Dodge Charger Daytona EV will Have Great Long Term Value - by Mary Conway
	Move Over Cybertruck, the Tesla Robot Toy Is The Rave, One Was On eBay For $10,000, “I Tried To Buy One, It Sold Out In Less Than 24 Hours” - by Denis Flierl
	Amanda’s Subaru Forester Has 100K Miles and Already Needs A New Transmission, “I Bought It With the Understanding That Subaru’s Last Until 300,000 Miles Or More” - by Denis Flierl
	Climate Change Is Resulting In More Flooding So BYD Creates The Climate Change EV - by Rob Enderle

Tesla's 9 Catalysts Headed Into the New Year, 2023

Today's car news

Automobile brands