"I thought the strong USD would eat away...". Looks like it was a bad call when Apple is already pricing in these factors. Yet this call punished Apple trading price which in turn hurt retail shareholders hard. This article just appears to me the author is simply correcting his own short sightedness than correcting the markets.
This article appears to be very skewed or biaised towards Tesla. Very selective towards useof data citing market volatility and reference to old historical data where doesn't have any relevancy to today's market challenges or Covid-19 driven market forces. Indeed a very simplistic view which I will chose to read with little pinch of salt.
I would expect more price cuts across the markets to completely dominate the EV sales. With new launches upcoming, from product lifecycle perspective.c this is highly expected. Analysts who don't understand product lifecycle see this as negative move to beef up revenue, and they will buy downward trend. It's a win winfor them, but for retails investors, we should not be led on by.
Tesla Cuts Prices of Model 3, Model Y Vehicles in Singapore
I recalled Elon made a remark that EV vehiclesare to be economical for a bigger good. And he has other products for higher margin. Once the market is flooded with his EVs, there are still milking products like his charging stations. Why are analysts punishing Tesla when slashing prices is a good thing for the general Consumers? Profits for the top analysts/bankers over savings for the mass?
Cheaper Teslas Are Hurting Profits, but Elon Musk Plans to Keep Slashing Prices. Here's Why
Where are the anal-yts that expect decline in sales and that the share price will take a beating? Where are they? Who are taking them to task for a wrongful analysis resulting in retail investors letting go too early?
Tesla's Second-Quarter Deliveries Beat Estimates as Price Cuts Boost Sales
Is there a vested interest in this article? Otherwise, this is just another skewed article just to bring down a person and the share price. There are too many moving parts to deliver a projection or inspiration. No dividends in this stock anyway, hence if you believe his words, go for it else stay out and keep your stereotype for yourself.
Two analysts send a listed company share price southwards! This is totally absurd![Surprised] How often analysts hurt retail investors and get scot free when their crystal balls failed.
Everything Is Going Right for Tesla. It's Time to Sell Its Stock
This will bring shivers down the spine of their rivals. And in no time demand is going to go up and strengthening its position as market leader. Remains bullish with each price adjustments.
Tesla Cuts U.S. Model S and Model X Prices Between 4% and 9%
...bearish rating aged like milk... - it's just a nice way of saying you are wrong. Yet you still continue not to correct your position but mislead further. Beat size is expected to shrink, but demand outstripped supply is simply an economic rule you can't go against and being a leader will continue to raise its stock price until a worthy rival appears to split the market share.
Lower price, lower margin lower share price as what most analysts would foresee. Similarly these are faced by Tesla's rivals. Tesla has the scale to command the pricing and many services revenue which can compensate for the lower margin. Sell off will be higher because all analysts expect lower margin as the main reason. What I see is after these massive sell off, the price would still be set to the supoort at 228-240.
This article appears to be leaning away from Tesla. As in any industry, there is bound to be competition; if this article can put more meat to why Tesla will not deliver in years to come, there is more punch for general to believe and understand.
Who is holding Morgan Stanley responsible for their wrongful call? Please have the decent morals to keep your mouth shut about Palantir moving forward!
Morgan Stanley removes Underweight rating on Palantir after ‘blowout’ Q3
Give that sum to that extraordinary man! It's his anyway and he runs the show nobody else can. Else try giving that sum to another Tom Dick or Harry and you see the value of the company lose everything overnight? Don't be Penny Wise Pound Foolish!
Price cut is good as it cements its position as a leader in the EV industry. Analysts should not just see price drops as affecting margins. As a retail investor, I would like to see they sell more to remain market leader since they have the capabilities to produce the volume. When Tesla rivals can't play volume game, Tesla will neventually emerge as a winner (with more cars to make up for the same or more profits). It's a tough market so please stop seeing price car as an equation to bad sales.
Only market leader with that kind of capacity can set the price. Anaylsts see price cut as share price drop but failed to realize with volume and capacity, each price cut *WILL* displaced your rivals completely! 👍