bearish
Tesla's Problem Is Fading Demand, Not Disruptive Factory "Updates"
Vicki has highlighted this Insight as a Top Pick
1.1k Views05 Oct 2023 11:16
Factory shutdowns for "updates" doesn't explain Tesla's huge Q3 miss on deliveries because bloated excess inventory was enough to cover the 20k "miss" some 3-5x. Accelerating demand erosion does.
Boomeranged on Tue, 17 Oct 2023 02:22
Tesla reports earnings this week: As I expected. Plunging market consensus estimates now approach my previously below market estimates for Q3 revenue and profits following Tesla's disappointing deliveries report. Results for Q3 also have important implications for Q4 and through next year.
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