Yesterday’s $TSLA price cuts will likely lead to more WS est cuts, but at this point analysts will wait until after the 1Q print to cut ests again. We see the new cuts as more evidence that TSLA’s order backlog has dried up, and rather than cut production, TSLA cut price again. pic.twitter.com/lB6jVzkKSn

— Gary Black (@garyblack00) April 19, 2023