Well expect more headwinds for Tesla as we move forward. The ride will be a bumpy one all the way, the usual Elon/Tesla Style. Competition is tough as other legacy car manufacturers are giving up tough competition to Tesla along with Chinese manufacturers such as BYD etc. Tesla needs to prove on the balance sheet it's not just a car manufacturing company. As of now, over 80% of its sales revenue & profits are from Cars that it manufacturers. On top that the recent court ruling against Elon’s pay package, all these factors contribute Tesla's fall, expect more such falls in the near future. But from mid to long term investment point of view, Tesla may still give investors reasonable returns provided its able to catch up on its other sectors as well.
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