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Benzinga
Benzinga
Business
Namrata Sen

Tom Lee Says Tesla's Magic Isn't About Government Subsidies: 'It's A Granny Shot' Powered By Elon Musk, AI And Massive Data

Tesla Inc.

Fundstrat‘s Tom Lee stated that Tesla Inc.‘s (NASDAQ:TSLA) success is not due to government subsidies, but rather a combination of factors including engineering talent, manufacturing expertise and leadership.

What Happened: On Tuesday, Lee took to X to express his views on Tesla’s success. He stated, “Magical alchemy of $TSLA not ‘govt subsidies' – engineering talent – manufacturing expertise – leading AI and software – leadership – massive dataset – future products.

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