I kind of wonder if high interest rates are starting to cut into Tesla investment. They have only been profitable since 2019 and peaked in late 2022. At $17 bil

I kind of wonder if high interest rates are starting to cut into Tesla investment. They have only been profitable since 2019 and peaked in late 2022. At $17 billion and a market cap of half a trillion, that's only a 3% profit over investment. When you can make 7% on a savings account that doesn't seem sustainable. https://www.macrotrends.net/stocks/charts/TSLA/tesla/gross-profit https://www.macrotrends.net/stocks/charts/TSLA/tesla/gross-p... So the only reason to invest in Tesla now is possible future growth, however the outlook for growth at Tesla is looking grim now that their revenue is flattening and they have excess inventory. In addition, the entry into the market by major competitors like Toyota, GM, Ford, and Hyundai makes this outlook even more bleak. https://www.macrotrends.net/stocks/charts/TSLA/tesla/revenue https://www.macrotrends.net/stocks/charts/TSLA/tesla/revenue Tesla is going to need to pull a rabbit out of their hat. That could have been a network of Tesla charging stations. Maybe that's why they laid off their supercharging team? To make room for something a bit more ambitious? Musk is definitely going to have to do SOMETHING soon.