There's a lot of investor and analyst interest in the sustainability of sedan and SUV price cuts that Tesla's using to help sales — but at the expense of margins.
During Tesla's earnings call Wednesday, CEO Elon Musk warned of "enormous challenges" to scaling Cybertruck production and making it cash-flow positive.There's a lot of investor and analyst interest in the sustainability of sedan and SUV price cuts that Tesla is using to help sales — but at the expense of margins."Investors were left wanting more from Tesla, which is held to a higher standard than every other automaker," Investing.
"Tesla's worrying China sales figures indicate demand for its vehicles is slowing more than expected in the face of rising competition from local EV companies, including BYD, Nio, and XPeng."Tesla's stock fell in after-hours trading but didn't go off a cliff, falling about 6% in after-hours and pre-market trading.Tesla has hit a rough patch, though hardly the existential crises of years ago before it became consistently profitable.
Meanwhile, electric vehicle upstarts like Lucid and Rivian have struggled as they try to achieve real commercial scale.Tesla — which dominates U.S. sales — has huge advantages, and global climate policies should create tailwinds for EVs.Share on twitter
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
New Tesla Model 3 vs. Old Tesla Model 3: All the Changes Side-By-SideTake a look at the new Tesla Model 3 alongside the old to see what's improved, inside and out, and including its tech.
Lire la suite »
Tesla Hits the Skids: 5 Critical Details from the Q3 ReportsStocks Analysis by MarketBeat.com (Thomas Hughes) covering: Tesla Inc, Tesla Motors Inc, COMMERZBANK AG ZT TESLA MOTORS INC 31Dec99, Banca IMI SpA ZT Tesla 10Jun20. Read MarketBeat.com (Thomas Hughes)'s latest article on Investing.com
Lire la suite »
Tesla Earnings Preview: Price Cuts to Hurt Margins or Drive Market Share Growth?Stocks Analysis by Investing.com (Günay Caymaz) covering: Tesla Inc, Tesla Motors Inc, COMMERZBANK AG ZT TESLA MOTORS INC 31Dec99, Banca IMI SpA ZT Tesla 10Jun20. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Lire la suite »
🔒 Drive for Freedom: Vote a Military Hero to Win a Brand New Hyundai SUV!Now it's time to vote for your military member or veteran hero to become the next Hyundai Hometown Hero to win a new Hyundai SUV.
Lire la suite »
Motorcyclist dies in crash with SUV in LivermoreA motorcyclist died in a collision on Tuesday in Livermore, police said.
Lire la suite »
San Diego pays $8 million to man run over by SUV while being detained by policeMan run over by SUV during arrest
Lire la suite »