Not the downvoter, but I can probably explain - Tesla forecasts are usually completely bullshit. This time they did not provide guidance, only stating than the

Not the downvoter, but I can probably explain - Tesla forecasts are usually completely bullshit. This time they did not provide guidance, only stating than the growth will be substantially lower in 2024. Results were 'not that bad' if it was for a normally priced car maker. Tesla shares are down not because they were 'worse than expected' - keep in mind the expectations were already slashed by WS this year. They are down, because it's becoming clear that a lot of extremely optimistic scenarios included in the valuations are nowhere near the realm of possible. Dojo, Optimus, next gen car, FSD... The cold truth which is becoming very apparent, is that Tesla has nothing new to show for at least the next 2 years. What they do have however, is the crushing competition coming, overcapacity, compressing margins, several serious investigations by authorities and a CEO who is showing the world what drugs can do to one's brain.