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Cryptopolitan

Elon Musk defies doubters, sending Tesla to largest daily gain since 2011

Cryptopolitan
Summary
Nutrition label

71% Informative

Tesla stock, TSLA, shot up by 20% , adding $150 billion to its market cap.

This is the company’s largest single-day spike since 2011 .

On Wednesday , Tesla reported revenue of $25.2 billion and earnings per share of $ 0.72 .

On that same call, Musk gave his forecast for 2025 vehicle deliveries to grow between 20% and 30% .

Delaney said that the future of Tesla ’s stock depends largely on its ability to deliver on its Full Self-Driving promises and meet its vehicle delivery targets.

Delaney also said that stronger margins in the latest earnings report are a positive sign for Tesla .

Barclays analysts reiterated their neutral stance, setting a price target of $ 220 .

VR Score

77

Informative language

79

Neutral language

61

Article tone

formal

Language

English

Language complexity

46

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not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

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short-lived

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