I hope Q2 improves, but the numbers we see to date are not looking good, especially as Tesla were supposed to have 50k vehicles 'in transit" for being sold, you would have expected them top show up, but doesn't appear to be the caseAs an investor since at least 2015, I have to agree with the posts on trading vs investing.
I've seen enough awesome tesla news that fails to move the stock AND enough random inconsequential nonsense that catapults it into the skies...to know that I cannot predict the monthly moves of the SP. I think I CAN predict the long term direction of the stock.
We have all spent a VERY long time discussing FSD and Robotaxis, until we have done very micro topic around it to absolute death. Its actually starting to happen RIGHT NOW with V12, and people are wondering why they should hold the stock?
I think Q2 will be better than expected, due to CT ramp, megapack ramp, FSD subscriptions, and a lack of crazy stuff like terrorism and houthi stuff. Tesla only needs one decent quarter for the talking heads to suddenly spin on a sixpence and start writing the exact opposite view.
Also you NEVER know whats imminent. Will Elon announce a multi billion dollar agreement with BYD to license FSD in the next 10 minutes? I doubt it, but I cannot rule it out either. Ditto FSD release in China, Ditto share buyback, Ditto Indian factory.
Everything right now is pointing to Q2 being lower than Q1, but still time to turn it around, but how they can achieve that, I don't know, and if Q2 does come in like Q1 then Elon's 2024 guidance will be looking pretty optimistic
Europe numbers: Wiki - Tesla Europe Registration Stats
2023 for comparison: Tesla Europe Registration Stats - Google Drive