[sgbuffett]

Basically it shows the company unable to compete as competitors ramp up production and produce cars with better design and performance at lower prices.



Tesla tumbled 7 per cent on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins and raised investor concerns at the world's most valuable automaker.

Musk said growth would be "notably lower" as Tesla focuses on a next-generation electric vehicle to be made at its Texas factory in the second half of 2025, which is expected to spark the next boom in deliveries.

https://www.channelnewsasia.com/business...24-4074036

[victortan]

so how??? can buy ???

[sgbuffett]

so how??? can buy ???

If i am holding any Tesla stock I will  just sell.
Even if it falls 50% from here it is nit worth buying.

[Talent]

Tkl bought alot

[sgbuffett]

Tkl bought alot

He is still up after the fall.

But this time the fall will continue.

I just don't see any good trajectory for Tesla unless it can build an unsurmountable technology gap. But it isnkownlagging in all categories be ot battery or self driving. Other car companies can just license the best technology and compete