Tesla Needs 20M FSD Subscribers Annually To Justify Its Valuation

Core Insights - Tesla, Inc.'s share price remains stable compared to the level noted in a bearish thesis shared in October, indicating a lack of significant positive earnings surprises or notable changes in market sentiment [1]. Company Analysis - The current share price of Tesla, Inc. is approximately at the same level as it was in October, suggesting that the market has not reacted positively to recent earnings reports or developments [1]. Industry Context - The analysis reflects a broader trend in the equity research industry, where analysts are continuously evaluating market trends and company performance to provide insights for investment decisions [1].