Tesla's Demand Is Through the Roof
In a tweet this week, Tesla (NASDAQ: TSLA) CEO Elon Musk all but confirmed that demand for its vehicles remains through the roof. Of course, investors aren't particularly worried about how demand for the electric-car maker's vehicles is faring in a supply constrained environment. Nevertheless, it's good to know that demand remains well ahead of supply. This way, if Tesla does ramp up supply significantly in the coming quarters we can rest assured that there's likely plenty of demand for increased production volume to grow into.
Model Y. Image source: Tesla.
In response to a Tesla fan on Twitter who thanked Musk for Tesla stock's staggering performance recently, the CEO took the opportunity to emphasize that Hertz' (OTC: HTZG.Q) recent announcement about its plans to order 100,000 Tesla vehicles by the end of 2022 wasn't some special contract of sorts.
Source Fool.com
