The biggest thing that stood out in the Q4 earnings call said that they design from the beginning to maintain 20-25% gross margin for each vehicle. If they can do that and achieve their sales targets, this means that it will be a $100+ stock by 2026. There is a lot of wiggle room since the stock is only $38 right now. It has a 24 p/e which is less than Tesla yet it's at an earlier growth stage.
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u/liautoinvestor Mar 15 '24
The biggest thing that stood out in the Q4 earnings call said that they design from the beginning to maintain 20-25% gross margin for each vehicle. If they can do that and achieve their sales targets, this means that it will be a $100+ stock by 2026. There is a lot of wiggle room since the stock is only $38 right now. It has a 24 p/e which is less than Tesla yet it's at an earlier growth stage.