Part 4/13:
While optimism is high, skepticism persists. Critics question whether Tesla can consistently meet its ambitious targets. One notable skeptic, Dan Ies, was quick to point out the discrepancy between Tesla’s recent performance and past forecasts. For instance, Arc Invest's forecasted $4,000 stock target in 2019—equivalent to roughly $266 after splits—appeared overly optimistic compared to actual developments. Ies suggests that Tesla’s current challenges, including flat vehicle sales share and declining margins, cast doubt on whether the company can overcome immediate hurdles.