Tesla's Price Cuts: What You Really Need to Know
Tesla (NASDAQ: TSLA) has been cutting prices all year and added another cut in just the last few weeks. But the impact on the business may not be what investors think. Margins are dropping and shipments aren't rising as a result of the price cuts.
In this video, Travis Hoium examines the trends in production, costs, and margins for Tesla and shows why the company may be in a tougher position than a lot of observers think.
*Stock prices used were end-of-day prices of Oct. 11, 2023. The video was published on Oct. 13, 2023.
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Travis Hoium has positions in General Motors. The Motley Fool has positions in and recommends BYD and Tesla. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
