Sad news for you, they only cut once... mate.
It’s your factually incorrect stuff that takes ten seconds to disprove that I love the most, keep the lies coming!
Of course, this is not the first time Tesla has cut prices in the second half of this year. As early as September, Tesla began to use car insurance discounts to carry out price reduction promotions in disguise. The price reduction reached 8,000 yuan, and it was even simpler in October. Brutally and directly, the official price cuts were made on each version of its two popular models, Model Y and Model 3. The price cut range was between 14,000 yuan and 37,000 yuan. In addition to this round of price cuts, it completed four consecutive price cuts.
Thanks for playing mate, again they can't build them fast enough...
in November when the price reduction mode was officially launched, Tesla’s sales reached 100,000 vehicles, setting a new monthly record again, with a month-on-month increase of about 40% and a year-on-year increase of 89%.
I already said Tesla share price is overvalued.
Your lack of ability to comprehend my repeated message.
Tesla is still selling cars, they just can't build them fast enough... Demand is still high.
Next you are going to start trashing Apple because they have the same problem... can't build product fast enough to sell!
Last edited by redslert; 04-01-2023 at 10:28 PM.
You were wrong about the production volumes, you were wrong about the sales figures and you were wrong about the price cuts.
If demand exceeds supply, why are they cutting prices?
Here’s another handy link for you to get a clue. Even fucking Musk has admitted there is a demand problem but apparently @redslert knows better.
Mr. Musk suggested last month that the higher interest-rate environment was hurting vehicle demand. In a year-end sales push, Tesla offered discounts to many buyers who agreed to take delivery of vehicles before January.
Teslas 4Q22 delivery volume came in slightly above JPMorgan's estimate, but seemingly at the cost of higher discounts, which entail lower product prices and profit margin, the broker commented.
Also, the EV maker's quarterly delivery volume fell short of the market consensus. Along with the lower pricing levels, it may suggest potential downside to the market forecast on Tesla's EPS, the broker anticipated. JPMorgan ramped down the target price for Tesla from USD150 to USD125, with its rating kept at Underweight.