Tesla's Q4 sales did not meet Wall Street's expectations, with actual sales around 495,000 units, while Wall Street expected 512,000 units, leading to panic selling.
Tesla's biggest competitor, BYD, sold 1.52 million cars, but the sales of pure electric vehicles were only 100,000 more than Tesla's. So, Tesla is still impressive, while Wall Street's fund managers have never been that forward-thinking; they only trade and cannot see the shadow of value investing.
Just wait until the Model 2 is launched and see Tesla make a comeback!