Tesla Increases Price of Model S, X in US After Shares Slump

Bloomberg2023-04-21

Tesla Inc. increased the prices of Model S and Model X vehicles in the US, after the company’s share price slumped following first quarter earnings. The Austin, Texas-based automaker raised the ...

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Comments

Guavaxf30
2023-04-21
Guavaxf30
What the heck. Is this company being run by adults? Whar happens to consumer confidence when you Yoyo your prices like this?
Conrad Genio
2023-04-21
Conrad Genio
Good time to buy if it falls back to 120! LETS GOO!
Bi Han
2023-04-21
Bi Han
📈📈📈

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The latest staring prices of both models are $87,490 and $97,490, respectively.The move claws back some of the steep price cuts imposed earlier this year, which have squeezed profit margins.Tesla shares slid the most in more than three months Thursday after Chief Executive Officer Elon Musk indicated his company will keep cutting prices to stoke demand even after markdowns early this year took a significant toll on profitability.The automaker’s operating margin shrank to 11.4% in the first quarter, a roughly two-year low, after the company marked down its electric vehicles in January and March.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9944446786,"gmtCreate":1682058044146,"gmtModify":1682058048162,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"3576140222331577","idStr":"3576140222331577"},"htmlText":"What the heck. Is this company being run by&nbsp;adults? Whar happens to consumer confidence when you Yoyo your prices like this?","listText":"What the heck. Is this company being run by&nbsp;adults? Whar happens to consumer confidence when you Yoyo your prices like this?","text":"What the heck. Is this company being run by adults? Whar happens to consumer confidence when you Yoyo your prices like this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944446786","repostId":1129244103,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9944441918,"gmtCreate":1682054144934,"gmtModify":1682054149357,"author":{"id":"4126009676307882","authorId":"4126009676307882","name":"Conrad Genio","avatar":"https://community-static.tradeup.com/news/9cd14e4ca4e918fb661d2fa29f6fbbda","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"4126009676307882","idStr":"4126009676307882"},"htmlText":"Good time to buy if it falls back to 120! LETS GOO!","listText":"Good time to buy if it falls back to 120! LETS GOO!","text":"Good time to buy if it falls back to 120! LETS GOO!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944441918","repostId":1129244103,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9944452511,"gmtCreate":1682050327733,"gmtModify":1682050332030,"author":{"id":"3570004939267641","authorId":"3570004939267641","name":"Bi Han","avatar":"https://static.itradeup.com/news/6765c2bb071c1df5b7fd4e34c533c22e","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"3570004939267641","idStr":"3570004939267641"},"htmlText":"📈📈📈","listText":"📈📈📈","text":"📈📈📈","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944452511","repostId":1129244103,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":28,"commentSize":3,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1129244103"}