It is not about that, it is the confidence loss from the CEO himself

Tesla Q3: Overreaction To Cybertruck Comments Creates Long-Term Opportunity

Tesla, Inc. Q3 earnings showed a decline in earnings, margins, and free cash flow, causing a decline in the company's share price.Despite the negative earnings report, Tesla has several catalysts coming up, including the Cybertruck launch which is a long-term catalyst for free cash flow growth.The market overreacted to CEO Elon Musk's comments about the Cybertruck ramp, in my opinion, and investors should focus on the long-term free cash flow ramp. Xiaolu Chu Shares of Tesla, Inc. slumped after the electric vehicle company submitted its third-quarter earnings sheet on October 18, 2023, which showed a steep Q/Q decline in earnings, margins and free cash flow. Comments about the Cybertruck ramp from CEO Elon Musk also didn't help. Nonetheless, Tesla has a number of catalysts for free cash flow growth, and investors appeared to overreact to Elon Musk's Cybertruck comments, the margin downtrend, as well as the company's CapEx situation. Long-term investors may want to hold on to their
Tesla Q3: Overreaction To Cybertruck Comments Creates Long-Term Opportunity

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