I agree with that. But the stock price clouds the topic. The stock is tanking because of guidance. or should I say the lack of guidance.
Tesla kept quiet after they knew the Cyberturd was going to be just that, a turd. And now they are being quiet about Production and growth for this year. That is what is impacting the stock.
So please, Keep this thread about the Cyberturd itself.
The team (Elon) decided to not provide guidance but the general cause of the lowered stock price is reduced EV demand and the stock price being too high. But more specifically reduced used EV values, increased competition, poor EV range, EV price gouging, reduced tax credits, increased repair costs, poor cold weather performance, higher interest rates, poor quality/service, and the general public apparently doesn't want an EV to name a few.