Tesla Takes a Major Step Back, Says Dan Ives

The video discusses Tesla's current challenges, including its profitability and business model concerns. The focus is on the demand for the Model 3, pricing strategies, and the company's ability to maintain profitability. The discussion also covers future prospects, such as self-driving and robo taxis, and investor concerns about the company's growth potential. The video concludes with a debate on whether Tesla can still be considered a growth stock, given its recent performance and cash flow issues.

What is the current rating of Tesla by Wedbush Securities?

• Strong Buy

• Buy

• Neutral

• Sell

What is a major concern regarding Tesla's Model 3?

• Insufficient demand

• Lack of innovation

• High production costs

• Excessive advertising

What strategy has Tesla used to increase sales of the Model 3?

• Expanding dealerships

• Improving technology

• Cutting costs

• Increasing advertising

What future areas does Tesla hope to become profitable in?

• Solar energy

• Self-driving and robo-taxis

• Battery production

• Electric trucks

Why is Tesla's status as a growth stock being questioned?

• Decreasing demand

• Lack of new models

• Profitability and cash flow issues

• High competition