It looks like $TSLA will open -20% from the start of the year after profits down -23% and revenue +3% year over year. Given inflation, that’s technically a revenue decline.
It took aggressive price cuts to get these results which means demand given competition from Chinese EV makers like BYD is becoming an issue.
https://arstechnica.com/cars/2024/01/tesla-publishes-its-financial-results-for-2023-profit-margin-shrinks/
Dare Obasanjo /
npub1l4…exuhy
2024-01-25 00:30:38
Author Public Key
npub1l4l93jaluhcmp24qqhsnz0wv4ld4lnyv5h09k2p7cssrjn5zwflscexuhyPublished at
2024-01-25 00:30:38Event JSON
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