Tesla and EV Makers had a tough Day (Patreon)

TSLA experienced a tough day, but it's important to note the broader context: numerous EV companies and other stocks also faced significant declines (SEE ABOVE) despite the S&P remaining flat and tech only dipping by 0.4%. Bitcoin also fell, entering the $95K range.

TSLA being hit by a quadruple whammy

1) fear of EV sales falling around the world - they will and that is why TSLA made full pivot to autonomy in 2024 (cybercab, FSD)

2) DOGE backlash

3) OpenAI Bid spooking market - I think it is just brinkmanship and not real

4) MSM FUD and Inflation Fears and lack or Rate Cuts

5) Tariffs - but if they went ahead GM and Ford and Stellantis would be dead in 2 weeks so it is all a game in my mind.

GOOD NEWS:

1) FSD Beta live in Mexico

2) Powerwall production record - just wait until Shanghai ramps - they cost $10,000 to $13,000 each.... - $17M Rev in 24 hours - that is about 431 cars worth but at 30% Margin!!!!