$Tesla Motors(TSLA)$ It is qui

It is quite obvious that the earnings will be down.

1) Elon has not been focusing his energies at Tesla. His attention is all on Twitter and several investors in Tesla are not happy about it

2) Tesla is cutting prices of their EVs in several countries. So obviously, that is not gg to be a

Good sign too. It is damaging to the branding. Imagine u bought a Tesla for USD 50-60k, next montha new one costs 20-30% cheaper. oh my god. I will not be very happy about it

3) supply chain issues in Places like China. I understand that the factory had to stop operations for a period of time last quarter

4) Other brands are catching Up with their EVs. Sothis area is No longer Tesla's domain anymore.

based on the above I would expect Tesla's earning to be bearish

Will Tesla drag down the broader market?

On the long-waited Investor Day, Tesla plunged 5.61% after market. ----- [TOPIC] Will Tesla drag down the broader market? What's your trading strategy for you today? Plan to hedge Tesla's plunge or bottom stocks?

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

YeddaJohnson
2023-01-23
YeddaJohnson
Every car producer has more and more EV models, and TSLA can't compete whit all of them. They are more cheaper whit the same quality, or we have also premium models like Mercedes, BMW, ...
shining87
2023-01-23
shining87
TSLA has 20 billion in cash … Toyota and GM has billions in debt … get a clue ….pricing power is the name of the game and WILL KILL competitors
jeffry09
2023-01-23
jeffry09
This year, many will be convinced that TSLA is not a technology company but a car company.
XantheJuliana
2023-01-23
XantheJuliana
If TSLA had -40% fall in sales in China in 12/2022 even whit price cuts, then what will be in 2023?
eo1668
2023-01-22
eo1668
okok
Woowee
2023-01-22
Woowee
[Cool]
- cy8:
  ok

Leave a comment

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