Tesla's China-made EV sales fell 15% YoY in May, and the stock dropped ~4% on the news. That’s not nothing — but let’s not forget what’s coming: Robotaxi launch, June 12. Seven trading days left. Pressure’s on.
📉 Short term, weak EV numbers from China are concerning — especially with BYD and others gaining ground. But big picture? I think Tesla’s value driver is shifting from vehicles to autonomy, AI, and infrastructure.
🧠 Personally, I trimmed a bit at ~$330 but kept a core position. If Robotaxi headlines underwhelm, we might get a better re-entry. But if they hit even part of the hype? It could spark the next leg up.
🔮 My base case: Range-bound near-term ($310–340), but upside if Robotaxi demos are strong and regulatory narrative supports expansion. It’s binary — either Elon shocks the world (again), or expectations reset.
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