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Tesla's Q1 earnings: Boon or bane for its global price cuts?

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Galaxy Paris joined discussion · Apr 20, 2023 21:20

Comparison of gross profit margin between Tesla and European and American OEMs

Comparison of gross profit margin between Tesla and European and American OEMs

$Tesla(TSLA.US)$ $BAYER MOTOREN WERK(BMWYY.US)$ $VOLKSWAGEN AG NON VTG PRF NPV(VLKPF.US)$ $VOLVO(AB)(VOLVF.US)$ $PORSCHE AUTO HL SE(POAHY.US)$ $Ferrari(RACE.US)$ $ASTON MARTIN LAGONDA GBL HLDGS PLC UNSPON ADS EACH REP 1 ORD SHS(ARGGY.US)$ $Forward Industries(FORD.US)$

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SonnyM : They need Lidar to justify even half their P/E. It's a typical Fomo bubble stock. Fun to trade but wouldn't hold it long term as it feels like it'll blow up and go to 50bucks.

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Galaxy ParisOP SonnyM: Exactly!

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providing valuable insights and trends for informed decision-making.

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