Tesla has beaten Toyota on profits in Q4/22 -on a much lower number of vehicles sold. Does anyone think they don't have the room to come down a couple percentage points on their profit margin which is better by a huge marginvs OEM auto maker?
Also both factories in Texas and Berlin have now hit 5,000 verhicles per week and thus can operate at a much lower cost per vehicle than in 2022.
Add to this the energy business that is growing at over 100% right now and the increased user base for FSD that will give a lot of fresh money for basically a linear cost.
As always, Tesla is continuing to lower their cost as was shown at their analyst day. They are on path to exceed their predicted 1.8 million cars in 2023 and will move on par with Mercedes (which has excellent growth in their BEV business as well)!
If you don't believe me, search for the interview that the head of Wedbush securities, Dan Yves, just gave days ago as he has a pretty solid outlook and price target for Tesla.
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