Reported about 6 hours ago
In the wake of Tesla's unveiling of new technologies like the Cybercab and Optimus robots, financial adviser Kevin Paffrath critiques the company's current strategy, asserting that it forfeited its 'mid-term recession protection.' He argues that Tesla risks its profit margins by not prioritizing affordable electric vehicles amid recession fears and stagnant growth, suggesting that immediate sales of the Cybercab could have generated necessary revenue. Paffrath expresses disappointment that Tesla hasn't learned from past mistakes and emphasizes the importance of offering lower-cost options to navigate potential economic downturns.
Source: YAHOO