NatalieLopez

 11 Dec 23

tl;dr

It wasn't the best quarter for Tesla, Inc. as some anticipated growth from lower ASP and margin compression didn't materialize. Despite holding a Cybertruck delivery event, the base model turned out to be priced 50% higher than initially promised, foreshadowing potential production overambition. Add...

It wasn't the best quarter for Tesla, Inc. as some anticipated growth from lower ASP and margin compression didn't materialize. Despite holding a Cybertruck delivery event, the base model turned out to be priced 50% higher than initially promised, foreshadowing potential production overambition. Additionally, high-interest rates are unexpectedly damaging, possibly impacting Cybertruck demands.

Disclaimer:
This is not financial advice. Please do your own research before investing in any asset.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 19 Sep 24
 19 Sep 24
 19 Sep 24