Gary Black suggests Tesla's configurator price cuts won't benefit the company, as rivals are likely to match them, following Tesla's global EV price reductions.
The company faces tougher comparisons starting in the third quarter, which would mark the anniversary of its password-sharing crackdown efforts, an analyst said.
He called upon the Tesla management to focus on explaining why fundaments will improve and stay away from "grandiose promises" about robotaxi.
The proxy filing introduces a new risk for Tesla, which was already contending with financial underperformance, management dissatisfaction, and strategic missteps.