What Wall Street is saying

By Joey Klender Posted on October 24, 2024 Tesla’s entire narrative related to the third quarter is based on the strong margins it reported, which are a big reason why the stock is doing so well on Thursday, just one day after the Q3 report. Wall Street has been looking for that strong display from …

Tesla’s Musk fine with taking this risk if it means higher production

By Joey Klender Posted on July 20, 2023 Tesla CEO Elon Musk said during the company’s Q2 2023 Earnings Call on Wednesday that it “makes sense to sacrifice margins in favor of making more vehicles,” hinting toward more price cuts even as economic times are uncertain. This year, Tesla has used price adjustments to stimulate …