Ross Gerber On Why Tesla (TSLA) Needs To Step Up Its Game

This Tesla (TSLA) earnings report will be very interesting as we assess the changes in pricing of the vehicles with the changing of the cost of the vehicle, notes Ross Gerber. He talks about how TSLA announced more U.S. vehicle price cuts, as well as what to watch in TSLA earnings. TSLA's 1Q revenue is estimated at $23.47B. He mentions that 90% of Americans who buy premium cars are not buying EV’s currently, and TSLA has a huge market of premium car buyers that they have not addressed. He goes over how investors have to understand that TSLA is looking to make low cost EVs for the masses, and not high margin, lower volume cars for the mass affluent. He also highlights how the cyber truck has now become critically important to growth for 2024. Tune in to find out more about the stock market today.