Expect price to head downwards to $200 level. Earnings will disappoint with better deliveries but lower margins.
Tesla has been offering massive discounts and zero interest loans to encourage buyers to purchase a new car. This will boost sales but pressure margins.
Short term, market will punish TSLA for this. But long term it will ultimately be the catalyst for the next stage as more cars on the road = more data for the FSD team to train the self driving model.
Long term HODLers must suffer and continue hodling
Modify on 2024-10-23 18:41
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