The sky is falling. Tesla is going out of business.
This is basically the message from the financial media. It is nonsense but that doesnt mean there isnt an impact.
In this video I discuss the disconnect between what is going on with the company and how the stock is reacting. Many will assert that markets can offer price but they are lousy at sizing up value. Nowhere is this less true than with technology.
▶️ 3Speak
Tesla isn't going out of business... but their stock is extremely likely to fall further and further down. I wrote a post specifically on this to look at all the Tesla headwinds and why I don't think betting on FSD is a good bet. I think the Earnings call tomorrow will be extremely telling. If the delivery numbers are low again, I think they're in huge trouble since the stock will lose it's "growth" appeal.
I guess this is another case of exaggeration to get more clicks and views. I think the writers know themselves that companies has its ups and downs. I do think that for cars, EVs are the future. ICE are bad for the environment, and as soon as EV cost less and more efficient, more will purchase them.