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Why shares of Tesla are falling ahead of Elon Musk's big day

  • Tesla shares dropped 7% as of 1:03 p.m. ET Monday, with the stock down more than 40% this year amid investor concerns about the company's future and timelines for new products.
  • Analyst consensus estimates for Tesla's earnings per share are $0.41 and revenue of $21.345 billion for the first quarter.
  • Analysts report that Tesla's lower-cost Model Y is delayed several months, and Musk's unsupervised Full Self-Driving promises have yet to materialize, raising concerns about the timelines for new products.
  • According to analyst Dan Ives, Tesla faces a 'code red situation' and potential '15%-20% permanent demand destruction' due to brand damage from Musk's public actions and the impact of tariffs.
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Inferse.com broke the news in on Monday, April 21, 2025.
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