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Is Tesla (TSLA) One of the Best Growth Stocks to Buy Now?
Yahoo Financeยท 2025-10-13 13:28
Core Viewpoint - Tesla Inc. is considered one of the best growth stocks to buy currently, with a maintained Buy rating and a price target of $500.00 ahead of its Q3 2025 earnings report [1]. Financial Performance - In Q2, Tesla reported total sales of $22.50 billion, reflecting an 11.78% decline year-over-year [1]. - The automotive revenue experienced a 19% sequential increase, with total vehicle deliveries improving by 14% [2]. - The company generated $146 million in free cash flow during the same period [2]. Cost and Revenue Challenges - Costs were impacted by tariffs, leading to a sequential cost increase of $300 million in both the automotive and energy sectors, with further increases expected [2]. - The impending expiration of consumer credits for residential storage by the end of the year poses challenges to the energy business [3]. Business Overview - Tesla designs, develops, manufactures, leases, and sells electric vehicles and energy generation & storage systems in the US, China, and internationally [4].