Welcome back to Tesla Daily.

Today we are going to be talking about an updated note on Tesla from Out's Potter of

Piper Sandler.

We've also got some comments from Ford CEO on Tesla and their product line-up management.

We've got some new Cybertruck photos and quite a few other stories as well.

Quickly looking at the stock, Tesla today down 1.5% to close at $161.83, while the NAS

deck was down on 10th of a percent on the day.

Looking at the week ahead, of course the big item will be the FOMC meeting on Wednesday,

two hours before market close, we will get the FOMC statement and interest rate decision,

and then 30 minutes later is Fed Chair Jerome Powell's press conference, which may have

even more influence on how things unfold after the meeting.

Alright, we'll start off with an updated note from Out's Potter of Piper Sandler.

This note was published about an hour after market close today, and Out's Potter has reduced

his price target on Tesla, but is maintaining an overweight rating on the stock.

The title of the note reads, margin negativity is hard to ignore, but IRA tailwind could

surprise in second half 2023.

Quote, we are adjusting our forecast and reducing our discounted cash flow-based price target

to $280 down from $300 previously to reflect information extracted from the 10K.

Most investors will be unsurprised to learn that our 2023-2025 estimates are moving

lower to reflect price cuts and a coincident impact on margins.

Since the key one call investors have fredded about Tesla's willingness to trade price

for volume, and while we share management's view that margins will eventually rise due

...