Here's my two cents on the months to come at Tesla.
The new versions of 3 and Y coming out in late September will be a huge hit. The 3 may retail for under 30k (major achievement) but, most important, margins will possibly return to around 15%. As a result, I expect Tsla shares may test a new high above 300.
The Cybertruck isn't expected to roll out until later, after mid October Q3 meeting, probably December. I have serious reservations about the viability of that product, which I compare to the DeLorean. I suspect it will retail for around $70k, well above the original $40k suggested in 2019. I don't believe in the 1.9M reservations which will drop to low hundreds of thousands. That's the good news because I don't expect production volumes to exceed a few hundreds per year. This is a very difficult vehicle to assemble and explains why no manufacturers in their right mind are using stainless steel.
As a consequence, I believe the media will pounce on Musk at the slightest issue (there will be plenty), trigger his ire, and then pounce on whatever he barks, in an endless loop of tit for tat. TSLA share price will take a hard hit maybe 2-3 months after the truck is in customers' hands. There is plenty of interest to see the Cybertruck fail miserably, from other manufacturers, from the oil and gas sector, from unions, from liberals, from conservatives... The list is long of groups who would love to wipe the smirk off of Elon Musk, and I expect a drop to the low 100s again.
Of course, I could be wrong and the Cybertruck may be the vehicle of the future here today that everyone wants in their garage, a jewel of manufacturing excellence and more capable than any competition. In that case, expect TSLA to reach 400 in 2024.