Malahotpot
2023-01-20

Ok

@luv2trade：
After a decade of stunning gains, the share price of Tesla fell 65% during the course of 2022. A move that erased an astonishing $850 billion in shareholder value but behind the savage repricing was an almost perfect storm, some of which was unavoidable. In response to the global economic slowdown and in an effort to boost sales and ward off competitors, Tesla cut prices on its vehicles in China in October. Since then, it has cut prices by up to 20% in other key markets, including the US, the UK and Europe, which will weigh on margins while boosting sales revenue. Q4 2022 results are expected to show a YoY increase in both Revenues and EPS. However, whether the numbers will be strong enough to see the current countertrend bounce extend and placate angry shareholders remains to be seen. @Tiger_chat @MillionaireTiger @TigerStars
After a decade of stunning gains, the share price of Tesla fell 65% during the course of 2022. A move that erased an astonishing $850 billion in shareholder value but behind the savage repricing was an almost perfect storm, some of which was unavoidable. In response to the global economic slowdown and in an effort to boost sales and ward off competitors, Tesla cut prices on its vehicles in China in October. Since then, it has cut prices by up to 20% in other key markets, including the US, the UK and Europe, which will weigh on margins while boosting sales revenue. Q4 2022 results are expected to show a YoY increase in both Revenues and EPS. However, whether the numbers will be strong enough to see the current countertrend bounce extend and placate angry shareholders remains to be seen. @Tiger_chat @MillionaireTiger @TigerStars

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