Why Roth Capital Downgraded Tesla to Neutral

The transcript discusses Tesla's market challenges, including risks of new vehicle delays and sales cannibalization by Model 3. Craig Irwin from Roth Capital Partners explains his stock downgrade due to market perception and earnings. Tesla's margin issues are attributed to rising battery costs, with limited visibility on cost reduction. Leadership changes at Tesla are also addressed, with confidence in the engineering team's capabilities.

What is the significance of battery costs in relation to Tesla's vehicle pricing?

How might the change in leadership at Tesla impact the company's operations?