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Tesla Sinks as Musk Eyes More Price Cuts Despite Margin Squeeze.

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  • Tesla Sinks as Musk Eyes More Price Cuts Despite Margin Squeeze.

    Llike I said before, it looks like Elon Musk is falling off. Maybe he shouldn't have bought Twitter. What do you all think?
    Tesla Inc. shares slid the most in more than three months after Elon Musk indicated his company will keep cutting prices to stoke demand even after markdowns early this year took a significant toll on profitability.

  • #2
    Originally posted by jboldeniv View Post
    Llike I said before, it looks like Elon Musk is falling off. Maybe he shouldn't have bought Twitter. What do you all think?
    He's the number one producer of EVs and his stock is still high. When I lived in LA it seemed like everyone had one

    His margins are higher than his competitors. He will be fine

    Comment


    • #3
      jasondreamweave​ is correct on this. The stock price is still high. A number of people, Corporations and including goverments invest in ev tech for example Tesla, Rivian others for Alternative renewable projects. As for the Cars, tesla would influence the stock price. For this reason each of the cars are going down in price because of the proper assembly strategy's on the line as well as sourced materials that hit the cost reductions. This is manufacturing philosophy.

      Comment


      • #4
        Originally posted by jasondreamweaver View Post

        He's the number one producer of EVs and his stock is still high. When I lived in LA it seemed like everyone had one

        His margins are higher than his competitors. He will be fine
        I see.

        Comment


        • #5
          Originally posted by OJ006 View Post
          jasondreamweave​ is correct on this. The stock price is still high. A number of people, Corporations and including goverments invest in ev tech for example Tesla, Rivian others for Alternative renewable projects. As for the Cars, tesla would influence the stock price. For this reason each of the cars are going down in price because of the proper assembly strategy's on the line as well as sourced materials that hit the cost reductions. This is manufacturing philosophy.
          I see.

          Comment


          • #6
            Originally posted by OJ006 View Post
            jasondreamweave​ is correct on this. The stock price is still high. A number of people, Corporations and including goverments invest in ev tech for example Tesla, Rivian others for Alternative renewable projects. As for the Cars, tesla would influence the stock price. For this reason each of the cars are going down in price because of the proper assembly strategy's on the line as well as sourced materials that hit the cost reductions. This is manufacturing philosophy.
            Preach my hotep brother

            Comment

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