A man who really likes Tesla cars and invests money in them decided to buy less of them because he thinks they are too expensive and will not make as much money as before. He is waiting to see if the company makes more money and sells their cars at a better price before he buys more. He thinks this will happen after the next set of financial results are announced. Read from source...

1. The article title is misleading and sensational, as it implies that the author is a bullish investor who has a strong conviction in Tesla's stock, but the article contradicts this by showing that the author has reduced his position and is waiting for more evidence of Tesla's earnings and pricing discipline.
2. The article relies on selective data and outdated estimates, as it uses the forward estimates for 2024 and 2025, which have been declining for the past 12 months, but do not reflect the recent rally and positive momentum in the electric vehicle market.
3. The article ignores the potential impact of Tesla's innovation and technology advancements, such as the full self-driving software and the robotaxi project, which could provide Tesla with a competitive edge and a sustainable source of high-margin recurring revenue.
4. The article dismisses the role of financing incentives in Tesla's Q2 sales beat, which could have contributed to the increase in deliveries and customer satisfaction, and also shows the company's ability to adapt to changing market conditions and consumer preferences.
5. The article lacks objectivity and balance, as it only presents the viewpoint of one fund manager who has reduced his Tesla position, and does not include any counterarguments or alternative perspectives from other investors or analysts who may have a different outlook on Tesla's stock and prospects.

Bearish

Article's Key Points:
- Tesla stock has rallied 35% in seven sessions
- Future Fund Managing Partner Gary Black trimmed his Tesla position in early 2024
- Black is cautious about adding to his position until Tesla's earnings trajectory reverses
- Tesla's Q2 sales beat may have been due to financing incentives
- Q2 earnings report on July 23 and Aug. 8 robotaxi unveil event could be stock-moving catalysts

Possible investment recommendations and risks are:

- Buy TSLA on the dip, as the recent rally is driven by strong Q2 sales and positive sentiment, and the stock still has room to grow as the company continues to innovate and expand its market share in the EV industry.
- Sell TSLA on the spike, as the recent rally is unsustainable and driven by speculation and hype, and the stock is overvalued and faces increasing competition and regulatory challenges in the EV industry.
- Hold TSLA, as the recent rally is justified by the company's long-term growth potential and dominance in the EV market, but also acknowledge the risks of the company's high debt level, profitability issues, and operational challenges in scaling up its production and delivery capabilities.
- Avoid TSLA, as the company's fundamentals are deteriorating and the stock is in a bubble, and the company's aggressive pricing strategy and profit margin erosion are unsustainable and likely to disappoint investors in the long run.