Tesla stock rebounds after slight dip following investor day, ‘Master Plan 3’ outlook

The Yahoo Finance Live team discusses Tesla's Investor Day and the stock's movement since.

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- Let's take a look at some of the biggest stories of the week. In the markets, Tesla held its investor day earlier this week with CEO Elon Musk talking for about nine hours, promising new factories, a grand vision-- it wasn't nine hours. It just felt like it-- a grand vision for humanity and not much in the way of actual cars. The lack of news sent the stock lower, though it did recover a bit after the company posted a 32% year over year jump in China sales for the month of February, Seana.

It was largely a disappointing performance, at least ingested that way by investors. Nothing really changed the dynamic, though, long term of Tesla, just that they don't have an imminent detail or plan for a EV under that $30,000 mark. We talked to Dan Ives at Wedbush, admittedly a very bullish Tesla investor, wasn't overly concerned.

- He was not overly concerned. He was actually brushing off some of the fear there, saying that a lot of the drop that we were seeing after investor day was a result of the run up that we have seen in Tesla stock since the start of the year. But the lack of details, I just think across the board, is really what Wall Street took issue with. You mentioned master three plan there laid out by Musk, not a heck of a lot of detail there, succession, yes.

Musk was joined by a number of executives up there from Tesla. But we didn't get any concrete details about a succession and also just the lack of the details about that next gen platform, additional vehicles there. I think the Street was hoping for a little bit more.

- We did see the Cybertruck.

- We did.

- We got the most detailed video we've seen of it yet, both outside and inside the car, including the new tires and some vague details about he does believe it will see its first deliveries in 2023. But we've heard that story numerous times before. Tesla still up more than 80% year to date, so doing just fine by investors.