Tesla Obviously Had A Disappointing Quarter, Expect More Pain

Seeking Alpha2023-04-04

SummaryTesla grew production and sales, but it appears that the company needs to maintain price cuts to grow.The company is rapidly seeing increased competition from both new companies at the top end ...

Source Link
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.

Comments

  • Brother272005
    2023-04-05
    Brother272005
    Think he engaged by other competitor. Want the share to go down, Then buy when low, Sell at high.
  • Kanarazu
    2023-04-05
    Kanarazu
    Bro it has been overvalued since forever but I see inverted head and shoulder pattern 
  • Wildhorseusa
    2023-04-05
    Wildhorseusa
    Don't believe a single word in this bs. No  good reasoning, just rubbish.
  • SlowNana
    2023-04-05
    SlowNana
    Ok
  • kityeng
    2023-04-05
    kityeng
    Ok
  • a4xrbj1
    2023-04-05
    a4xrbj1
    Total BS. "obviously"? That's just a lie, it exceeded analysts expectation on both sales and production, reaching all time high. In a quarter which is usually the lowest in car industry (after year end rallies). Check their so called "competition". Byd shrank their sales in Q1 whilst Tesla increased. GM sold 20k BEV's in Q1, basically all Volt as they can't even produce the Hummer EV properly (only 2 sold in Q1). Tesla Model Y isn't only in Norway the most sold car (including ICE) but also in Sweden. Tesla Model Y is on it's way to become the most sold car (including ICE cars) in the world. So cut the BS and post facts, just because you have Tesla puts?
    • YvetteGunther
      Just an FYI and this number dose not infer confirmed sales. The Cyber Truck now has over 6.1 million reservations at $100.
    • YaleBrewster
      Tesla has outlived the hype. Most of you got in too late. It's a safe short back down to $75. It will probably drop even far further than that.
    • YorkTurner
      This stock would be 50% higher without Elon- He is uninvestable now for many.
    • SERENALY
      Ok
    • Longmao
      Noted
Leave a comment
17