GLJ cuts Q1 Tesla delivery estimates; expects "demand crush" in Q2. Weak sales in China and Europe contribute to his lowered forecast. Johnson sees delivery beat but warns of a possible earnings disaster due to price cuts and lower profits per car.
GLJ cuts Q1 Tesla delivery estimates; expects "demand crush" in Q2. Weak sales in China and Europe contribute to his lowered forecast. Johnson sees delivery beat but warns of a possible earnings disaster due to price cuts and lower profits per car.
He has been short tsla for nearly a decade. Sad.