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Tesla investors are having an awful March, and there are a multitude of reasons why. X images are plenty showing Tesla dealerships getting roughed up by those upset with Elon Musk’s unwavering support of President Donald Trump. Musk has acknowledged he is having a tough time balancing his Tesla CEO demands with the role of the head of DOGE. And top Wall Street shops such as UBS and Morgan Stanley have been cautious on the stock of late. That is despite Tesla (TSLA) shares plunging more than 40% year to date. But at the end of the day, the only thing that will get Tesla’s stock going back up and to the right is a sign – any credible one – that sales trends in the US and China are stabilizing. Unfortunately for Tesla, those signs may not come until the company reports first quarter results in late April. Musk has a chance to hop on the earnings call and provide evidence the first quarter was the bottom in the Tesla story for 2025. If he can’t, Tesla’s stock weakness could extend deeper into the spring.
Before we get to our featured interview for today, have to do our stock of the day. Let's throw up that one minute timer clock. My stock of the day is in fact Tesla. Every day this company is in the news. Shares are down 45% year-to-date. Investors awake today to see photos floating around X/Twitter, whatever you want to call it, of President Trump getting inside of various, I think it was a red Model 3. I guess he was playing the Republican red vibe there in front of the White House with Elon Musk yesterday. There's a lot of concerns on Tesla's business. That's why ultimately the stock continues to go down. Sales overseas under pressure, sales in the US under pressure. Morgan Stanley, a long time Tesla bull, Adam Jonas, out with a new note saying that there could be some catalysts coming up for Tesla stock, notably a potential robo taxi day in a few weeks, a potential day where the company also talks about its Optimus robot. That's all fine and good, but I'm here to say what will get Tesla stock rocking again, or at least not going down the tank anymore, is sales. It is that next earnings report when Tesla reports in late April. This company needs to get on that earnings call. Elon must say that sales are not going down anymore, there is stabilization, things are getting better, especially as discounts are starting to hit on these Tesla products. Until he does that, it is very likely that Tesla shares will continue to be under pressure. And I'm out of time. That's why we have the one-minute countdown clock.