Tesla (TSLA) has been on a rollercoaster ride lately, with its stock taking a beating in recent weeks. The latest blow comes from Deutsche Bank auto analyst Emmanuel Rosner, who is calling for more clarity on the future direction of the company.
In a recent research note, Rosner highlighted the uncertainty surrounding Tesla’s upcoming projects, particularly the Model 2 and the robotaxi program. He pointed out that if Tesla confirms that its focus is shifting towards the robotaxi program at the expense of the Model 2, it could introduce a higher risk profile for the stock.
Rosner emphasized the importance of Tesla providing clarity on its strategy in the upcoming earnings call. He stated that if the robotaxi program is being accelerated without any changes to the Model 2 timeline, it could be seen as a positive signal of Tesla’s confidence in its autonomous technology.
However, if the Model 2 is pushed out or canceled, Rosner warned that it could completely change the investment thesis for Tesla. He expressed concerns about Tesla’s execution risk profile and potential downside to earnings estimates in the long term.
Overall, Rosner’s research underscores the need for Tesla to address the uncertainty surrounding its future projects. Investors will be eagerly awaiting Tesla’s upcoming earnings call for more clarity on the company’s strategy and direction.
