Please note that price cuts ar

2023-04-11

Please note that price cuts are first of all to meet tax credits in the US and secondly that thecurrent prices are back to what they asked forin 2021.

Tesla is constantly adjusting their prices up and down by model and even options (eg LR vs SR) and by country to make sure that production is sold and meets the demand in the respective country. This includes complex logistics as they are starting to sell Tesla in more and more countries (eg Thailand, South Korea).

If the news media would also report every price increase in Tesla that would be proper journalism but it won't fit their "Tesla is going down the drain, sell your shares and buy legacy car makers who pay us for advertisements" story.

Tesla Is Not Done Cutting Prices, Analysts Say

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Comments

nimbly
2023-04-16
nimbly
Elons going to cash in some shares before earnings to fund the new ai company just like he did for twitter he knows it will drop on 19th anfter the earnings are revealed
- a4xrbj1:
  Its a blackout period, he and the other top management isnt allowed to make any moves on stocks. You should have known this investment 101
zinglee
2023-04-16
zinglee
200+going into earnings next week. Price cuts are going to crush other companies..
- a4xrbj1:
  I think we have to wait another month or two for breaking through tge $200 barrier for good
cheerzy
2023-04-16
cheerzy
Tesla 210 on Monday, and it’ll only get higher from there!
- a4xrbj1:
  I’d like to see that but i have my doubts it will happen soon
pixiezz
2023-04-16
pixiezz
Peter Goss selling half his TSLA position adding to his position in STEM!
wigglyz
2023-04-16
wigglyz
tesla stuck in range 179 to 186.
logostauros
2023-04-11
logostauros
yes good idea thanks bro

Leave a comment

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This includes complex logistics as they are starting to sell Tesla in more and more countries (eg Thailand, South Korea).</p>\n<p>If the news media would also report every price increase in Tesla that would be proper journalism but it won't fit their \"Tesla is going down the drain, sell your shares and buy legacy car makers who pay us for advertisements\" story.</p></body></html>","htmlText":"<html><head></head><body><p>Please note that price cuts are first of all to meet tax credits in the US and secondly that thecurrent prices are back to what they asked forin 2021.</p>\n<p>Tesla is constantly adjusting their prices up and down by model and even options (eg LR vs SR) and&nbsp;by country to make sure that production is sold and meets the demand in the respective country. This includes complex logistics as they are starting to sell Tesla in more and more countries (eg Thailand, South Korea).</p>\n<p>If the news media would also report every price increase in Tesla that would be proper journalism but it won't fit their \"Tesla is going down the drain, sell your shares and buy legacy car makers who pay us for advertisements\" story.</p></body></html>","text":"Please note that price cuts are first of all to meet tax credits in the US and secondly that thecurrent prices are back to what they asked forin 2021. Tesla is constantly adjusting their prices up and down by model and even options (eg LR vs SR) and by country to make sure that production is sold and meets the demand in the respective country. This includes complex logistics as they are starting to sell Tesla in more and more countries (eg Thailand, South Korea). If the news media would also report every price increase in Tesla that would be proper journalism but it won't fit their \"Tesla is going down the drain, sell your shares and buy legacy car makers who pay us for advertisements\" story.","highlighted":2,"essential":1,"paper":1,"likeSize":33,"commentSize":36,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9942633030","repostId":2326612313,"repostType":2,"repost":{"id":"2326612313","kind":"highlight","pubTimestamp":1681196889,"share":"https://www.laohu8.com/m/news/2326612313?lang=&edition=full","pubTime":"2023-04-11 15:08","market":"us","language":"en","title":"Tesla Is Not Done Cutting Prices, Analysts Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2326612313","media":"MarketWatch","summary":"Tesla Inc.’s recent price cuts are unlikely to be the last, and they put margins in the spotlight wi","content":"<html><head></head><body><p>Tesla Inc.’s recent price cuts are unlikely to be the last, and they put margins in the spotlight with the electric-vehicle maker set to report quarterly earnings soon.</p><p>That’s from analysts at Bernstein and Citi on Monday, commenting on further Tesla price cuts on Friday. Base prices for the Model S and Model X each came down by about $5,000, among other cuts, and Tesla also began offering a cheaper, shorter-range Model Y compact SUV.</p><p>“Make no mistake — the price cuts reflect Tesla’s need to stimulate demand and arean explicit trade off of margins for volume,” Bernstein’s Toni Sacconaghi said. “While many investors have been hopeful that [first-quarter] margins might be bottom, we don’t believe that will necessarily be the case, particularly given our belief that further cuts are likely.”</p><p>Chief Executive Elon Musk said in late January that orders were twice Tesla’s production capacity after price cuts in early January, “and yet [first-quarter] deliveries lagged production, pointing to a significant deceleration in orders over the quarter,” Sacconaghi said.</p><p>“We believe additional price cuts in other geographies are likely. We note that lead times were relatively weak (&lt;4 weeks) for nearly all Tesla models in all geographies, except for the Model Y in the U.S.,&#34; he said. &#34;The fact that Tesla is cutting price on its longest lead-time model suggests other price cuts are likely to follow,&#34; particularlyas Model 3 rebates will fall to $3,750 next week “and competition continues to intensify.”</p><p>Itay Michaeli at Citi echoed the sentiment that the recent price cuts “will place even greater emphasis on the [first-quarter] auto gross margin outcome as a determinant of (near-term) sentiment.”</p><p>Stronger-than-expected margins “would support the contention that Tesla’s latest price cuts are coming from a position of cost strength while also possibly reflecting lower input costs,” Michaeli said.</p><p>In-line or softer gross margins “could revive concerns over capacity/product aging while placing 2023 consensus estimates at risk,” the Citi analyst said.</p><p>Tesla is scheduled to report first-quarter earnings next Wednesday, with a call following results scheduled for 5:30 p.m. Eastern time.</p><p>Analysts polled by FactSet expect the EV maker to report adjusted earnings of 86 cents a share on sales of $23.8 billion. That would compare with adjusted EPS of $1.07 a share on sales of $18.8 billion in the first quarter of 2022.</p><p>Tesla stock has lost 47% in the past year, compared with losses of about 9% for the S&amp;P 500 SPX, -0.58% in the same period.</p></body></html>","source":"mwatch_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is Not Done Cutting Prices, Analysts Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is Not Done Cutting Prices, Analysts Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-11 15:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/tesla-is-not-done-cutting-prices-analysts-say-1bca52db?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc.’s recent price cuts are unlikely to be the last, and they put margins in the spotlight with the electric-vehicle maker set to report quarterly earnings soon.That’s from analysts at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/tesla-is-not-done-cutting-prices-analysts-say-1bca52db?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/tesla-is-not-done-cutting-prices-analysts-say-1bca52db?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2326612313","content_text":"Tesla Inc.’s recent price cuts are unlikely to be the last, and they put margins in the spotlight with the electric-vehicle maker set to report quarterly earnings soon.That’s from analysts at Bernstein and Citi on Monday, commenting on further Tesla price cuts on Friday. Base prices for the Model S and Model X each came down by about $5,000, among other cuts, and Tesla also began offering a cheaper, shorter-range Model Y compact SUV.“Make no mistake — the price cuts reflect Tesla’s need to stimulate demand and arean explicit trade off of margins for volume,” Bernstein’s Toni Sacconaghi said. “While many investors have been hopeful that [first-quarter] margins might be bottom, we don’t believe that will necessarily be the case, particularly given our belief that further cuts are likely.”Chief Executive Elon Musk said in late January that orders were twice Tesla’s production capacity after price cuts in early January, “and yet [first-quarter] deliveries lagged production, pointing to a significant deceleration in orders over the quarter,” Sacconaghi said.“We believe additional price cuts in other geographies are likely. We note that lead times were relatively weak (<4 weeks) for nearly all Tesla models in all geographies, except for the Model Y in the U.S.,\" he said. \"The fact that Tesla is cutting price on its longest lead-time model suggests other price cuts are likely to follow,\" particularlyas Model 3 rebates will fall to $3,750 next week “and competition continues to intensify.”Itay Michaeli at Citi echoed the sentiment that the recent price cuts “will place even greater emphasis on the [first-quarter] auto gross margin outcome as a determinant of (near-term) sentiment.”Stronger-than-expected margins “would support the contention that Tesla’s latest price cuts are coming from a position of cost strength while also possibly reflecting lower input costs,” Michaeli said.In-line or softer gross margins “could revive concerns over capacity/product aging while placing 2023 consensus estimates at risk,” the Citi analyst said.Tesla is scheduled to report first-quarter earnings next Wednesday, with a call following results scheduled for 5:30 p.m. Eastern time.Analysts polled by FactSet expect the EV maker to report adjusted earnings of 86 cents a share on sales of $23.8 billion. That would compare with adjusted EPS of $1.07 a share on sales of $18.8 billion in the first quarter of 2022.Tesla stock has lost 47% in the past year, compared with losses of about 9% for the S&P 500 SPX, -0.58% in the same period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":479,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TSLA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":575,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106316040,"commentId":"106316040","gmtCreate":1681627661688,"gmtModify":1681627668244,"authorId":9000000000000342,"author":{"id":9000000000000342,"idStr":"9000000000000342","authorId":9000000000000342,"name":"nimbly","avatar":"https://static.tigerbbs.com/2a5f2c7d7652e6711ec37ca005bc8b25","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9942633030,"objectIdStr":"9942633030","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Elons going to cash in some shares before earnings to fund the new ai company just like he did for twitter he knows it will drop on 19th anfter the earnings are revealed","text":"Elons going to cash in some shares before earnings to fund the new ai company just like he did for twitter he knows it will drop on 19th anfter the earnings are revealed","html":"Elons going to cash in some shares before earnings to fund the new ai company just like he did for twitter he knows it will drop on 19th anfter the earnings are revealed","likeSize":0,"commentSize":1,"subComments":[{"id":106325770,"commentId":"106325770","gmtCreate":1681922967165,"gmtModify":1681922973725,"authorId":4140090365269462,"author":{"id":4140090365269462,"idStr":"4140090365269462","authorId":4140090365269462,"name":"a4xrbj1","avatar":"https://community-static.tradeup.com/news/9d8912bc5b3237f119291ecf0caa4d5a","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9942633030,"objectIdStr":"9942633030","type":1,"supId":106316040,"supIdStr":"106316040","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">Its a blackout period, he and the other top management isnt allowed to make any moves on stocks. You should have known this investment 101</span>","text":"<span class=\"s1\">Its a blackout period, he and the other top management isnt allowed to make any moves on stocks. You should have known this investment 101</span>","html":"<span class=\"s1\">Its a blackout period, he and the other top management isnt allowed to make any moves on stocks. You should have known this investment 101</span>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106316037,"commentId":"106316037","gmtCreate":1681627625366,"gmtModify":1681627631610,"authorId":9000000000000340,"author":{"id":9000000000000340,"idStr":"9000000000000340","authorId":9000000000000340,"name":"zinglee","avatar":"https://static.tigerbbs.com/c0126a7d8aadf37410e3ec43acf556ad","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9942633030,"objectIdStr":"9942633030","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"200+going into earnings next week. Price cuts are going to crush other companies..","text":"200+going into earnings next week. Price cuts are going to crush other companies..","html":"200+going into earnings next week. Price cuts are going to crush other companies..","likeSize":0,"commentSize":1,"subComments":[{"id":106325771,"commentId":"106325771","gmtCreate":1681923023118,"gmtModify":1681923029680,"authorId":4140090365269462,"author":{"id":4140090365269462,"idStr":"4140090365269462","authorId":4140090365269462,"name":"a4xrbj1","avatar":"https://community-static.tradeup.com/news/9d8912bc5b3237f119291ecf0caa4d5a","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9942633030,"objectIdStr":"9942633030","type":1,"supId":106316037,"supIdStr":"106316037","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">I think we have to wait another month or two for breaking through tge $200 barrier for good</span>","text":"<span class=\"s1\">I think we have to wait another month or two for breaking through tge $200 barrier for good</span>","html":"<span class=\"s1\">I think we have to wait another month or two for breaking through tge $200 barrier for good</span>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106315786,"commentId":"106315786","gmtCreate":1681621033717,"gmtModify":1681621039911,"authorId":3479274729249414,"author":{"id":3479274729249414,"idStr":"3479274729249414","authorId":3479274729249414,"name":"cheerzy","avatar":"https://static.tigerbbs.com/ad7eae466324df873e0b817337d13f4e","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9942633030,"objectIdStr":"9942633030","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Tesla 210 on Monday, and it’ll only get higher from there!","text":"Tesla 210 on Monday, and it’ll only get higher from there!","html":"Tesla 210 on Monday, and it’ll only get higher from there!","likeSize":0,"commentSize":1,"subComments":[{"id":106325772,"commentId":"106325772","gmtCreate":1681923066382,"gmtModify":1681923072742,"authorId":4140090365269462,"author":{"id":4140090365269462,"idStr":"4140090365269462","authorId":4140090365269462,"name":"a4xrbj1","avatar":"https://community-static.tradeup.com/news/9d8912bc5b3237f119291ecf0caa4d5a","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9942633030,"objectIdStr":"9942633030","type":1,"supId":106315786,"supIdStr":"106315786","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">I’d like to see that but i have my doubts it will happen soon</span>","text":"<span class=\"s1\">I’d like to see that but i have my doubts it will happen soon</span>","html":"<span class=\"s1\">I’d like to see that but i have my doubts it will happen soon</span>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106316036,"commentId":"106316036","gmtCreate":1681627594249,"gmtModify":1681627600561,"authorId":9000000000000341,"author":{"id":9000000000000341,"idStr":"9000000000000341","authorId":9000000000000341,"name":"pixiezz","avatar":"https://static.tigerbbs.com/a5d8c2eb1c079c85b43879eb951e8684","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9942633030,"objectIdStr":"9942633030","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Peter Goss selling half his TSLA position adding to his position in STEM!","text":"Peter Goss selling half his TSLA position adding to his position in STEM!","html":"Peter Goss selling half his TSLA position adding to his position in STEM!","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106316038,"commentId":"106316038","gmtCreate":1681627639707,"gmtModify":1681627646151,"authorId":3479274725915373,"author":{"id":3479274725915373,"idStr":"3479274725915373","authorId":3479274725915373,"name":"wigglyz","avatar":"https://static.tigerbbs.com/11f0390f4344fa15e794478b64ee460f","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9942633030,"objectIdStr":"9942633030","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"tesla stuck in range 179 to 186.","text":"tesla stuck in range 179 to 186.","html":"tesla stuck in range 179 to 186.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106277190,"commentId":"106277190","gmtCreate":1681205032859,"gmtModify":1681205039163,"authorId":3568392750336799,"author":{"id":3568392750336799,"idStr":"3568392750336799","authorId":3568392750336799,"name":"logostauros","avatar":"https://static.tigerbbs.com/0c229f031636d32a7ce296d4431a41e4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9942633030,"objectIdStr":"9942633030","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"yes good idea thanks bro","text":"yes good idea thanks bro","html":"yes good idea thanks bro","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9942633030"}