To The Moon

What the article fails to point out is that Tesla is a luxury brand and all luxury goodbsuffer in a market increasingly talking itself into recession. Whether the recession fears are realised or not (as is the case in the UK with construction bucking the predictions of a Q1 downturn in 2023), the private buyer market will be sheepish given the pressure of inflation and rising cost of borrowing. The only light on the horizon for Tesla is the recent announcement by OPEC to reduce output with the obvious consequence of increased fuel prices at the pump putting further pressure on inflation and cost of services.  Tesla is caught in the space between innovative automation and luxury goods.