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Beats on Q4 earnings: Will Tesla keep blowing out possible?
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joined discussion01/05/2022 17:24

The Elon Musk Factor

$Tesla(TSLA.US)$ In a market driven by high-speculation assets such as cryptocurrencies, nonfungible tokens (NFTs), special purpose acquisition companies (SPACs), and other disruptive technology trends, investors often seem willing to overlook fundamentals and focus on far-out potential.

Tesla and SpaceX CEO Elon Musk is one of the wealthiest people on Earth. And for better or for worse, his voice has been very influential on the markets.

His Bitcoin- and Dogecoin-related tweets have caused buying and selling frenzies. And Tesla is under the iconic CEO's influence, too.

However, putting aside Elon Musk's meme potential and tapping into his genius, the market is looking forward to Tesla's new products this year. Musk is expected to unveil new vehicle models such as a semi-truck, a "supercar," and a cheap electric car in 2022. He should also deliver more information about the long-awaited Tesla Cybertruck on the company's next earnings call.

Any positive announcements from Musk should lift his company's stock.
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