Tesla thesis

Pinkspider
07-26

Many$Tesla Motors(TSLA)$   bulls who are focused on the amazing progress of FSD are missing the key driver of the stock, which remains auto gross margins ex-reg credits and which hit a new 36-month low in 2Q. Until mgmt addresses the gross margin issue (they spent all of 30 seconds on it on the 2Q earnings call) TSLA stock is likely stuck. I fully agree that TSLA is not a car company but EVs generate 80% of TSLA profits so it’s still the elephant in the room.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet