Stock dropped from ~$417 in mid-Feb to ~$360 now – that's like 13%. The worst part? April 2nd alone it tanked 5.4% after deliveries missed expectations again. Q1 deliveries: 358k vs 370k expected. Production way outpaced sales (408k made, only 358k sold), so yeah, demand problem. Energy storage also disappointed. Competition is heating up in China while Tesla's lineup feels old. Insiders sold shares too. Some analysts are still bullish on AI/robotaxi story. I’m not.
There are no replies in this thread yet. Be the first to post a reply below: