Tesla Demand News Today

Tesla posted disappointing quarterly sales that point to a slump in demand and is trying to address the situation with exceptional incentives

Tesla is arguably "the biggest stock market bubble in modern history," said Per Lekander, an investor who's been shorting the stock since 2020.

"Let's call it like it is: 1Q deliveries has been a nightmare quarter for Tesla," Wedbush analysts said.

While the whole EV industry has seen pain, Teslas decline has been particularly pronounced, with shares plunging over 17 percent since October 18

There's a 70% chance of Elon Musk stepping down as Tesla CEO over the next year, Deepwater's Gene Munster estimated.

Tesla had a strong fourth quarter, though some of the guidance figures are difficult to interpret, Munster said.

Tesla's price cuts have resonated with customers in China, making the move a "huge success story so far," Wedbush's Dan Ives said.

A recent report from Kelly Blue Book has suggested that Tesla demand has fallen off a cliff. Is this true?

Tesla is currently in the initial stages of rolling out FSD Beta V11 which is the company's next iteration of autopilot software. FSD Beta V11 is expected to bring vector spaces and use of all 8 cameras to highway driving. Currently, we have yet to see FSD Beta V11 out in the world however, until then we have gotten V11's release note with a list of all the improvements coming with the new software.

Tesla sees increased demand for its electric cars despite higher prices.  After touring Tesla's Berlin Gigafactory, an analyst learned that electric automobiles from the company are in great demand.