• 145
  • 8
  • Favorite

Tesla Price Cuts: Flagging Demand Or Tactic to Boost Sales?

The Associated Press2023-03-08

DETROIT (AP) — In explaining why Tesla Inc. keeps cutting prices on its electric vehicles, the auto industry is pretty much divided into two camps.On one side are analysts who see an aggressive move ...

Source Link

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.

Report

Comment8

  • LimBT
    ·2023-03-08
    Ok
    Reply
    Report
  • TeslaLegend
    ·2023-03-08
    Nice 
    Reply
    Report
  • Hst1980
    ·2023-03-08
    Great ariticle, would you like to share it?
    Reply
    Report
  • Longs
    ·2023-03-08
    👌🏼🙏🏼
    Reply
    Report
  • Maverick253
    ·2023-03-08
    Ok
    Reply
    Report
  • Agedashi
    ·2023-03-08
    哈哈好
    Reply
    Report
  • sydboy007
    ·2023-03-08
    The demand for a tesla is massive. Most can't afford to buy. Reducing the price by say 5% increases their TAM by maybe 10% At the investor day Elon said they were surprised but how much demand increased from small cuts in price. Rob also wants to run the factories at full capacity and is willing to cut margins for growth, the idea being the more cars the bigger the software margins will be over FSD is available. Tesla had margin to cut. No other ev manufacturers can cut their pricing. Most lose money now, so cutting prices increases losses while Tesla is hugely profitable. Tesla can also shift battery supply to the energy business for health margin sales too 
    Reply
    Report
    Fold Replies
    • MIe
      Boost sales in china n usa
      2023-03-08
      Reply
      Report
    • XIN.wyanny80c
      wow
      2023-03-08
      Reply
      Report
    • yksim
      👍
      2023-03-08
      Reply
      Report
    View more 2 comments
  • SanWangtikup
    ·2023-03-08
    Thanks 
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial