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StockNews.com
StockNews.com
Business
Anushka Dutta

Tesla (TSLA) - October Buy or Hold?

The undisputed leader in the Electric Vehicle (EV) industry, Tesla, Inc. (TSLA), is striving toward further technological breakthroughs that could help the company reach its CEO’s aim of cutting production costs in half. In addition to its pioneering gigacasting process, the new development of die-cast nearly all the complex underbody of an EV in one piece could drastically elevate its production process.

In addition to that, more and more automakers are signing up for TSLA’s EV-charging infrastructure, making the company’s superchargers close to being the industry average across the United States.

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