Tesla’s earnings miss and sales decline trigger stock concerns; Nancy Tengler says Tesla investors must ‘suspend logic’ and consider potential company pivots.

Tesla’s recent earnings stumble, coupled with its first year-over-year sales drop, casts a shadow over the electric vehicle giant. Despite bold initiatives like the Cybertruck launch and pricing adjustments, revenue plummeted by 9% in Q1, prompting investor alarm.

Despite Tesla's efforts, including the launch of the Cybertruck and refreshing the Model 3 with lower prices across their lineup, their revenue still 📉 by -9% compared to the previous year in Q1, indicating significant challenges and potential concerns for the company's stock. https://t.co/fhOKgR5VEW

— The Coastal Journal (@1CoastalJournal) April 24, 2024

It is difficult to make predictions, especially about the future.

– Niels Bohr pic.twitter.com/BBtvpHfo20

— Michael A. Arouet (@MichaelAArouet) April 21, 2024

This is great financial advice. LOL

https://www.cnbc.com/video/2024/04/23/tesla-investors-have-to-suspend-logic-and-look-at-how-company-could-pivot-says-nancy-tengler.html