Tesla Stock Surges As Elon Musk Puts Bullish Cap On Q1 Earnings Blowout

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The Street

By Martin Baccardax “We are growing very rapidly year-over-year and remain confident of exceeding 50% annual growth for several years,” said CEO Elon Musk. Tesla (TSLA) – Get Tesla Inc Report shares surged Thursday after the carmaker posted stronger-than-expected first quarter profits, record sales and bullish near-term outlook that defied Wall Street’s forecasts and powered-through surging input prices and supply chain chaos. CEO Elon Musk indicated there was a “reasonable shot” for 2022 deliveries to rise 60% from last year, noting the ramp-up of production facilities in Berlin and Austin, f…

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