today:
671
yesterday:
802
Total:
1,590,503
  • The Tesla Thesis: If CEO Elon Musk doesn’t change direction, the situation at Tesla could turn uglier, Ives said in a recent note. The analyst listed 10 things Tesla investors wish for to turn sentiment around at the electric vehicle maker in 2023.
  •  
  • 1. Musk naming a CEO for Twitter by the end of January.
  • 2. The billionaire pausing stock sales and formally adopting a 10b5-1 plan just so to reassure investors there won’t be any more selling around the corner.
  • 3. Issue a conservative 2023 delivery guidance, with 35% growth looking like a more realistic goal as opposed to the current outlook for 50% growth.
  • 4. Musk turning his attention back to Tesla, as he is the “heart and lungs” of the company.
  • 5. Announce that Cybertruck will begin deliveries by the end of 2023.
  • 6. Change the composition of the board of directors, drawing in people with some more experience in tech and EV leadership.
  • 7. Announce a major stock buyback program.
  • 8. Increase transparency around financial metrics and margin structure.
  • 9. Musk remaining apolitical on Twitter, as his political views are affecting Tesla’s brand image.
  • 10. Lay out a strategic plan for Twitter as currently, Tesla investors fear that Twitter bleeding more money could necessitate Musk selling more stock.