The three big takeaways from today’s TSLA Annual Mtg and liv...

The three big takeaways from today’s TSLA Annual Mtg and live interview between Elonmusk and CNBC’s David Faber:
1/ Elonmusk committed to try advertising, which is hugely bullish since $Tesla(TSLA.US)$ will add a second variable beside affordability to accelerate EV adoption. We’ve long held the biggest TSLA value driver is to educate the 90% of Americans who don’t currently drive EVs why an EV. Elon appears to have realized EV adoption is not just about affordability. We were stuck by how loud the applause was today when Elon said “we’ll try advertising and see how it goes.”
2/ Elon said “it ain’t so,” squashing rumors that he might leave as TSLA CEO. This too is hugely positive since it’s the primary reason $TSLA has been weak the past few days. No disrespect to Zach but he’s not Elon.
3/ There are not one but two new $25K next gen vehicles being developed with a combined incremental demand of 5M units - our guess a hatchback (like Corolla) and baby CUV (RAV4) that should strike fear in competitors’ hearts.
For those that refused to believe Elon would ever spend money to advertise - the tide will now turn as new $Twitter (Delisted)(TWTR.US)$ CEO Linda Yaccarino shows Elon how important advertising can be. Elon himself acknowledged the irony that we’ve flagged repeatedly: Twitter’s business is selling advertising but $TSLA itself has never advertised. That is all about to change.