According to Woofun AI, Musk plans to use SpaceX (SPCX.US) rocket technology to make the Tesla (TSLA.US) Roadster fly in suspension in Texas on October 15, yet Wall Street has always had a negative reaction to major Tesla (TSLA.US) product launches, and market sentiment contrasts sharply with demonstration gimmicks.
The demonstration will use compressed gas propellers to lift driverless vehicles, and Musk has warned employees that the feat “will be difficult to achieve successfully, and there may be accidents.” Tesla (TSLA.US) stock closed at $375.23 on Tuesday, 25% below its 52-week high. Historical data warns of risk: Cybertruck's stock price fell 6% in 2019 due to broken car windows; Cybercab fell 8.3% after its debut in October 2024; related events on September 4 caused the stock price to drop 5.92%. The core pain point is the uncertainty of revenue transformation. Although Elon Musk claims that the shorters “almost drove us into a desperate situation,” the company survives by solving production problems, and investors are more eager to clarify pricing and delivery schedules.
According to data compiled by Woofun AI, even if all 1,000 units of the Founders Series were sold at a price of 250,000 US dollars, it only brought in revenue of 250 million US dollars, which had little impact on the market value of 1.48 trillion US dollars.
Ledger co-founder Eric Larschevek pointed out that currently Tesla (TSLA.US) is still planning to begin mass production in 2027 or 2028. The SpaceX (SPCX.US) case provides another warning: despite the success of Starship's orbital flight, pressure to lift the stock ban after the IPO still caused the stock price to fall. As the first trading day since launch on Friday, October 16, Tesla (TSLA.US) faced a severe test; in the absence of a working prototype and a reliable production schedule, spectacular demonstrations alone would only exacerbate disappointment.
The lack of commercial details will cause investors to be disappointed once again, and the subsequent October 21 earnings report will force attention back to the overall business. Following many press conferences, the market once again examined Tesla (TSLA.US)'s real capabilities from concept to implementation. Short-term fluctuations cannot hide the inevitable trend of a return to long-term fundamentals.