At the end of the day, after price cut, does Tesla still profit from the manufacturing cost to produce each vehicles after all the necessary cost, e.g, shipping, labour, operation, etc. If Tesla still making money, isn't that the most important point. As production move forward, means the more they can produced, the more profit they will accumulate. As long as, every car they sell and make a profit and not losing money, that will be great. Cutting prices, as long as, it don't hurt bottom line.
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