Exclusive: Tesla plans to build new electric vehicles in mid-2025
One AmericaFEB 2024
Tesla Shares Fall As Musk Warns of Slowing Growth
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The Spin
Narrative A
Tesla's Q4 earnings report shows a company in free fall. In addition to an industry-wide lag in demand, Elon Musk is doing everything in his power to undermine Tesla. From blackmailing investors to receive 25% control to his unhinged behavior on X, Musk is far too volatile of an executive to have any trust in Tesla. Musk may try to play off Tesla’s lackluster revenue and stunted growth by claiming that the company will begin producing its next-generation vehicles in 2025, but it won't prevent the inevitable.
Narrative B
While Wednesday’s earnings report and Thursday’s subsequent share price drop are not good news for Tesla, they are hardly significant indicators of the company’s long-term prospects. Following the EV boom of the late 2010s, demand for Teslas was projected to drop. However, the company is working tirelessly to launch its next generation of vehicles, which will allow Tesla to enter a new market. Musk is always pushing the edge, so we should believe him when he says Tesla will start producing more cheap models next year. Tesla is the pioneer of EVs and is still the king of the industry.