Zacks Investment Ideas feature highlights: Apple, Tesla and Intel
This Zacks commentary argues that Apple, Tesla, and Intel are linked by the importance of catalysts, but the focus is mainly on Tesla’s long-term bull case. The article says Tesla’s stock has been range-bound since late 2021, yet its latest global deliveries of 480,000 vehicles in Q2 were its best ever and beat expectations despite the end of EV tax credits. It also highlights momentum in Tesla’s robotaxi rollout, expanded Full Self-Driving access for older vehicles, a growing energy business, and the company’s TeraFab chip initiative. Intel appears only as a hiring source for Tesla’s semiconductor project, while Apple is cited as an example of how a breakthrough product can drive shares. Overall, the piece is bullish on Tesla and suggests the current consolidation may precede another major move higher.