HomeMarketsU.S. Economy & JobsTesla (TSLA): Expect More Price Cuts

Tesla (TSLA): Expect More Price Cuts

Tesla (TSLA) stock falls after missing on top and bottom lines. Hatem Dhiab and Steve Westly discuss the aftermath of TSLA’s earnings. Elon Musk noted that “we have to make our products more affordable so people can buy it.” Steve talks about how it was a slow quarter for TSLA, but we expect record 4Q delivery numbers. He also highlights that the Model 3 and Model Y are at their lowest price ever, and to expect more price cuts. They also go over how the first TSLA Cybertruck deliveries are scheduled for November 30th. Tune in to find out more about TSLA and the stock market today.

Trading 360

19 Oct 2023

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