Tesla Crashed Over 5% in Premarket Trading After Its Investor Day

Tiger Newspress2023-03-02

Tesla Motors crashed over 5% in premarket trading after its investor day.

Elon Musk’s much-ballyhooed third Master Plan for Tesla fell flat with investors after failing to offer any firm detail on the company’s long-awaited next generation of electric cars. The four-hour presentation was long on Musk’s vision to lead the world’s transition to sustainable energy, but short on any detail on new products.

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Comments

  • DarkFate
    2023-03-02
    DarkFate
    Like
  • a4xrbj1
    2023-03-02
    a4xrbj1
    That's because all those analysts didn't care to listen to all the Tesla executives outline many areas where Tesla is leading by far over its competitors. Besides details were given as to cost savings, different manufacturing and assembly processes on the Cybertruck and next gen vehicle. It didn't really matter as the negative reports of the analysts were written already before the event. How else can they justify their low pricetargets? Just check how these so called experts are actually performing in their predictions!
  • Andrewinho
    2023-03-02
    Andrewinho
    Great! 👏👏👏
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