Tesla's (TSLA) February Sales Figures Show Sales Growth

Tesla, Inc. (NASDAQ:TSLA) is one of the best WallStreetBets stocks to buy according to analysts. On March 2, Tesla, Inc.’s (NASDAQ:TSLA) February sales were reported in a handful of European markets. In Portugal, the company’s sales went up by more than 100% compared to the same period last year. France saw sales rise by 55%. Other key markets like the UK and Germany are set to report this week as well.

On February 20, Tesla, Inc. (NASDAQ:TSLA) announced the launch of a more affordable version of its Cybertruck in the United States. The dual-motor all-wheel-drive model is priced at $59,990, making it the cheapest option in the lineup so far. At the same time, the company also cut the price of its high-end Cyberbeast model from $114,990 to $99,990 based on the pricing listed on its website.

While Tesla, Inc. (NASDAQ:TSLA) continues to introduce new products, it is also facing legal challenges. On February 20, a federal judge rejected the company’s attempt to overturn a $243 million jury verdict tied to a fatal Autopilot crash in Florida. This decision marked a major setback for the automaker as it is facing a growing number of lawsuits related to its driver-assistance technology. U.S. District Judge Beth Bloom in Miami said that the evidence presented during the trial strongly supported the jury’s decision. For investors, this means the regulatory headwinds that the company often faces in terms of public safety aren’t going away anytime soon.

Tesla, Inc. (NASDAQ:TSLA) is a developer, manufacturer, designer, lessor, and seller of electric vehicles and energy generation and storage systems. The company operates across China, the United States, and globally. It operates through the Automotive and Energy Generation and Storage segments.

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