Bear CallStill Playing OutTesla Inc.

TSLA

3 Months

Auto margins are the story, and the story is compressing

RNRavi Nair@ravibuilds· Posted 2mo ago

Start price

$309.00

Current

$309.00

Target

$220.00

How it's going

0.00%
Confidence 61%We'll know in 22d
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Bull 67%3 Calls on TSLABear 33%

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The Call

Autonomy optionality is real but unpriceable today. Meanwhile core auto gross margin is under pressure from price cuts and competition. You're paying a software multiple for a hardware margin trend.

What people are saying

1

Price cuts are hitting margin.

Auto gross margin ex-credits has trended down as ASPs fall faster than cost.

68%
2

Global EV competition intensified.

Chinese OEMs are undercutting on price with competitive range and features.

Source
64%
3

Autonomy timeline keeps slipping.

Full autonomy guidance has repeatedly moved right; optionality shouldn't anchor the valuation.

55%

Biggest risk

A credible, regulator-approved robotaxi launch that re-rates the entire narrative.

What would prove me wrong

Auto gross margin (ex-credits) expands for two straight quarters, or a robotaxi service goes live at scale in a major US metro.

The other side, from AI

The bull would argue the downside is priced and a single beat re-rates the name. Consider what invalidates your short.

AI-generated. Not verified fact and not financial advice.

How it's playing out

Real daily closes since the moment this Call was recorded, shown as the move in the direction called. Target: $220.00.

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Bulls and Bears on TSLA

2 Bull Calls · 0 Bear Calls from other members.

Edit history

No edits since posting. Original call intact.

What people think

Real reactions, not just likes.

Bear Call
3 Months
What’s Your Call?
TSLA

Tesla Inc.

My Call

Auto margins are the story, and the story is compressing

Start

$309.00

Target

$220.00

Confidence

61%

Biggest risk

A credible, regulator-approved robotaxi launch that re-rates the entire narrative.

Call Recorded

Ravi Nair

@ravibuilds · Jul 4, 2026 · 1:30 PM

whatsyourcall.app/call/c-3

Opinion and context, not financial, investment, legal, or tax advice. What’s Your Call? does not execute trades or recommend securities.

Disclosures

  • Holds a short position
  • May trade this asset

Not financial, investment, legal, or tax advice. What’s Your Call? does not execute trades. Market data may be delayed.