Disappointing Q2
$Tesla(TSLA.US$ Q2 earnings has been ok. However, Elon failed to provide investors a clear update on its future on things like cyber trucks, robotaxi, and newer models of Tesla. No production timeline, delivery updates nor specifications were given for the highly anticipated cyber truck. As a result, the future outlook for Tesla investors look cloudy. This is worsen with expectations that production for Tesla will be affected in Q3 due to factory upgrading and further potential price cut which will definitely hurt profit margins once again. Lastly, any increase in Fed interest rate will also add pressure for Tesla to slash prices which further hurt profit margin.
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