Clearly tesla doesn't have the production capacity of byd. Production numbers isn't the only matrix. Important nonetheless. Tesla will continue to grow capacity. The war isn't over. The market isn't just one on one for now as there pie is growing bigger as there's room for both.
Tesla advertising #tsla Polarizing topic, one of many for Tesla. There's a large population out there who don't follow every word of Elon but are influenced by fud from anti Tesla mainstream media. Its important to provide factual information about ev, Tesla etc. The benefits is about spreading Tesla's mission, providing thought leadership and yes selling Tesla cars, cybertrucks with a decent margin not only now and in the future - getting future customers today. With the ramp in next few years, the battle for customers starts today. There's lots of cars and trucks to be sold. Tesla has to start somewhere to move into pricing consciousness. Today is a good time
$Tesla Motors(TSLA)$ a good surge, the next question is can it remain around there when cpi data is released on Wednesday. If it does next resistance is over 300
Competition is dynamic. When Tesla or any manufacturer cuts prices, how will competitors behave? Follow with cuts or let their market share drop. In last quarter a few have have guidance of lower projected 2023 production numbers. Having margin without sales is not a great option. It's always a balancing act.
Good chance of that happening. More importantly will it stay above $300 after. That is more difficult to answer, how the market moves can be unpredictable and not necessarily logical.
$Tesla Motors(TSLA)$ cybertruck production had started. How big will this be? https://twitter.com/Tesla/status/1680121747910148099?t=DGrPpWYGeAc6_Dzbg8GWDQ&s=19
$Tesla Motors(TSLA)$ BullishBullishBullishBullishBullishBullishBullish let's be clear Tesla is polarizing. View depends if one is a trader or investor. It'll go past $260. The question is when. I intend to add to my position and his for a few years ago clearly I'm bullish.
There comes a time when price cuts becomes counter productive. That is when customers withhold buying till further price cuts. Rather than print cuts perhaps offering fsd, free charging it free insurance etc for a fixed period is better.
Cheaper Teslas Are Hurting Profits, but Elon Musk Plans to Keep Slashing Prices. Here's Why