I just watched a YouTube video
Brighter with Herbert interviewing Dan Ives , Wedbush analyst commenting on January Tesla reporting
I think he has a good summary of why the share price has languished since
My summary of his comments
Elon is a superb visionary and essential to guide the company forward
However the market needs someone to guide on the companies goals, ie how 2024 will monetize there tech gains
Car volumes everyone can guess 2.1m to 2.3m cars , however what drives profit is margins
Tesla should have given guidance for 2024 of margins to improve , ie by 2 % , due to input cost dropping ?
Tesla should have given guidance on FSD 12 , how will it increase Tesla’s revenue , no more people are buying it ?
Tesla should have given guidance on Optimus , ie how many will they build in 2024 for their factories ?
The weird thing to me is that Tesla internally will have these milestones !!!