Tesla (TSLA) Missed On Basically Every Metric

Tesla’s (TSLA) margins were hurt by price decreases which shouldn’t be a shock, notes Matt Tuttle. He discusses what we learned from TSLA’s earnings. He talks about how the margins were also hurt by the Cybertruck. He goes over how TSLA’s stock falls after missing on top and bottom lines. Elon Musk said that “If interest rates remain high…it’s that much harder for people to buy the car.” Matt highlights that Elon really didn’t have anything positive to say, as TSLA basically missed on every metric. Tune in to find out more about the stock market today.

Morning Trade Live

19 Oct 2023

SHARE

Schwab Network's Newsletters

Daily insights for every investor