2026 is Tesla's execution year. 2027 could be the repricing year. Larry Goldberg @TeslaLarry breaks down the pivot Elon never formally announced. Tesla dropped the smaller "Model 2" and started turning from a car company into an embodied AI company. That shift is expensive! Larry estimates Tesla may need $30 to $50B from the capital markets, and that funding overhang is part of why the stock has struggled. The re-rating case for 2027 has several parts: a wider Robotaxi rollout, Cybercabs joining the fleet, more Semis on the road, and a clearer embodied AI story. Optimus isn't expected to deliver in 2027, but customer trials could be a catalyst on their own. To be clear, there's no $1,500 price target here. Larry only said it's "not impossible." Execution first, repricing after. $TSLA