Tesla Is Desperate For A Catalyst, And Master Plan 3 Wasn’t It


  • Elon Musk introduced Master Plan 3 for Tesla, Inc. during the March 1st Investor Day presentation.
  • Key items that investors wanted to know more of were largely absent, though, making the event not much more than a generic presentation of Tesla’s forward growth aspirations.
  • The lack of follow-through on previously taunted catalysts was enough to stem the stock’s recent rally, as Tesla’s valuation disconnect from its fundamentals buckles.

Tesla Factory casting foundry facilities, Lathrop, California

Sundry Photography

Tesla, Inc.’s (NASDAQ:TSLA) Investor Day yesterday was underwhelming to say the least. The momentum that Elon Musk & Co. had built up over the “generation 3 platform” reporting Tesla’s second consecutive quarterly delivery miss in early January quickly fizzled, with management simply citing more

Tesla historical price performance

Notable Tesla rallies in recent years (Tesla Stock)

Tesla vehicle delivery forecast

Tesla vehicle delivery forecast (Author)

Tesla financial forecast

Tesla financial forecast (Author)

Tesla valuation analysis

Tesla steady-state valuation analysis (Author)

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Thank you for reading my analysis. If you are interested in interacting with me directly in chat, more research content and tools designed for growth investing, and joining a community of like-minded investors, please take a moment to review my Marketplace service Livy Investment Research. Our service’s key offerings include:

  • A subscription to our weekly tech and market news recap
  • Full access to our portfolio of research coverage and complementary editing-enabled financial models
  • A compilation of growth-focused industry primers and peer comps

Feel free to check it out risk-free through the two-week free trial. I hope to see you there!

Leave a Reply

Your email address will not be published. Required fields are marked *