TESLA: Price drop of 30%, SELL
Jan 23 Prices Model M: USD 66,000
Mar 23 Prices Model M: USD 42,000
Drop of 30%, but sales increased by only 5%.
The EPS Estimates for March earnings per share is $0.85, a drop of 32%: that means price cuts directly ate into the bottomline.
The March '23 EPS would be its Biggest Drop in years.
Is that the reason of the ill timed price rise after a day of the annnouncement of Price Cut !!
Target USD 135
Mar 23 Prices Model M: USD 42,000
Drop of 30%, but sales increased by only 5%.
The EPS Estimates for March earnings per share is $0.85, a drop of 32%: that means price cuts directly ate into the bottomline.
The March '23 EPS would be its Biggest Drop in years.
Is that the reason of the ill timed price rise after a day of the annnouncement of Price Cut !!
Target USD 135
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