Why is Tesla Stock Still Tanking? Here are the Key Insights

:chart_with_downwards_trend:Tesla's performance has been consistently weaker than expected for six straight quarters.

:money_with_wings:Wall Street profit estimates for Tesla are declining, suggesting a lack of growth potential.

:warning:Questions about Elon Musk's potential drug use are creating uncertainty around Tesla and its leadership.

:car:Used Tesla prices continue to fall, potentially impacting the company's profit margins.

:red_circle:Increased competition from rental car companies offering EVs is affecting Tesla's sales proposition.

Why has Tesla's stock performance been poor?

—Tesla has consistently reported weaker earnings than expected for six consecutive quarters.

Are Wall Street profit estimates for Tesla falling?

—Yes, recent trends show that Wall Street profit estimates for Tesla are declining.

What concerns have been raised about Elon Musk?

—The Wall Street Journal has reported on alleged drug use by Elon Musk, which is creating uncertainty around his leadership.

Why are used Tesla prices declining?

—There are various factors contributing to the decline in used Tesla prices, including quality concerns and increased competition.

How is competition impacting Tesla's sales?

—Rental car companies offering EVs are providing alternative options to potential Tesla buyers, impacting the sales proposition for new Tesla vehicles.

00:09Tesla's stock has been performing poorly, down about three and a half percent year to date.

00:32Tesla's earnings have been softer than expected for six straight quarters, creating concerns about the company's performance.

00:46Wall Street profit estimates for Tesla are starting to fall, indicating potential growth challenges.

01:19The Wall Street Journal has published a report on Elon Musk's alleged drug use, raising questions about his leadership.

01:39Used Tesla prices continue to decline, potentially impacting the company's profitability.