u/Vibraniumguy

Because: 1) this happens a lot 2) considering the drop of many other companies stock (for example Google after really good earning) it seems much more like this was due to mostly outside factors I actually think this earnings call was really good. Elon already said that capex would be really high this year so that should have been priced in. Even if they are moving slower than expected, core thesis of robotaxis in the near future has not changed and is closer to fruition than ever. That SHOULD mean that if they were at $300 - $400 last year we should be at like $400+ this year as progress is actually happening. Some more details include: based on photographs of cybercabs filling up parking lots tesla probably has around 1500 production cybercabs produced. For them to be manufacturing them this quickly and seemingly still increasing the pace of production they must be internally highly confident of at least a few thousand robotaxis by end of year. Otherwise the upkeep/scrapping of tons of cybercabs will significantly negatively impact their finances by Q1 or Q2 2027. If they throttle cybercab production that would be a huge sign that they are not confident FSD will be solved soon, that hasnt happened