Tesla has mastered the art of selling a vision, but investors eventually need evidence that the vision can generate sustainable cash flow. The Roadster may strengthen its brand, while Terafab could offer long-term strategic value. Yet neither guarantees near-term profits. Meanwhile, Tesla’s energy-storage business deserves more attention because grid-scale demand could become a meaningful growth engine.

The real investment question is whether Tesla can turn its ambitions into measurable earnings growth before market patience runs out.

My view: Product launches create excitement, but execution creates shareholder value. Until Tesla delivers clearer production timelines, stronger profitability and tangible returns from new ventures, I would treat the upcoming catalysts as opportunities to prove its valuation—not reasons to assume the stock must recover.

@WallStreet_Tiger [得意]