Dan Ives On Tesla (TSLA): Almost Gold Gross Margins

"Tesla (TSLA) had a better second quarter earnings report and outlook than feared as customer demand is holding up well. Further China Covid shutdowns make reaching delivery goals an uphill climb," says Wedbush's Dan Ives. Tesla (TSLA) stock price was rising after their earnings call was released. "Tesla (TSLA) has almost golden gross margins. They are a more technology, disruptive software play versus a traditional automotive company," Ives adds.

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21 Jul 2022

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