Prices have been slashed and slashed again, on top of expensive incentives like free charging, cheap leases, & juicy subsidies. But Tesla has been unable to ease elevated inventory in key markets.
Boomeranged on Wed, 5 Jul 2023 04:28
Tesla threw out all the stops to pull off a record deliveries in Q2 that beat market estimates. The trouble is, as I warned in this report, doing this also put severe pressure on already shrinking margins and profits—losses Tesla likely can't recover since the trouble continues into Q3.