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Tesla Inc TSLA

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.


NDAQ:TSLA - Post by User

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Post by EdPaquetteon Jul 20, 2023 11:35am
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Post# 35549773

Interest rates are peaking now, only one more raise.

Interest rates are peaking now, only one more raise.Revenues up 47 per cent from last year and deliveries of 466,000 vehicles (above Street of 447,000). The bad: margins came in below expectations at 18.2 per cent vs 18.6 per cent and hit a four-year low. Elon Musk warned on the conference call they will need to keep cutting prices if interest rates keep going up. 
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