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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... see more

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Tesla Inc > Tesla's China Moves: Smart Play or Desperation

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Post by SmartBull657 on Nov 25, 2024 9:52am

Tesla's China Moves: Smart Play or Desperation

Gotta hand it to Tesla, cutting prices and throwing in 0% loans in China is a bold move. Sure, it’s a solid market-share grab, but does it scream strength or panic? The Model Y discounts will juice Q4 numbers, but I wonder how much margin they’re sacrificing for the volume flex. Anyone else feel like this is more about keeping BYD at bay than just hitting delivery targets? Watch that gross margin line in the next earnings call—could get spicy.