July 19 (Reuters) - Tesla (TSLA.O) CEO Elon Musk signalled on Wednesday that he would cut prices again on electric vehicles in "turbulent times", even as his all-out price war on automaker rivals squeezes the company's own margins.
The company has slashed prices several times in the United States, China and other markets since late last year, and increased discounts and other incentives to reduce inventory, as it tries to shield against competition and economic uncertainty.
Tesla laosai leh. Drop almost 20% leh. 300 is overvalued kah. Haiyoh. Correct? =====
cannot use such language.................over/under value is always relative and depends on many things. Based on S curve, and the many options tesla have its far far away from over valued.
Tesla laosai leh. Drop almost 20% leh. 300 is overvalued kah. Haiyoh. Correct? =======
u do not understand america...........Tesla is number one American company and a future American monopoly in EV, charging like a petrol station , FSD, model 2, cyber trucks, many many things more, some of which even Elon does not know yet.
Cybertruck Rally Triggers Cathie Wood Tesla Stock Dump Ahead Of Q2 Earnings
Cathie Wood and her Ark Invest firm sold off tranches of their Tesla (TSLA) stock holdings in consecutive sessions, unloading more than 73,000 shares this week before the EV giant reports second-quarter financials Wednesday.
Cathie Wood's ARK Investment Management sold 28,659 shares of Tesla Tuesday for about $8.41 million, based on TSLA closing price of 293.34, according to the company's daily trade disclosure.
On Monday, Wood unloaded 45,184 TSLA shares for $13.12 million. This week's Tesla stock selling was done through ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW).
After loading up on Tesla stock early in 2023 and watching shares run to 10-month highs, Cathie Wood has been selling Tesla stock.
Last week, Wood sold 20,874 shares Tesla for around $5.7 million. Since June 12, Cathie Wood has sold more than 700,000 shares of Tesla stock. Before that, Wood's ARK firm had purchased more than 1.3 million TSLA shares.
Tesla laosai leh. Drop almost 20% leh. 300 is overvalued kah. Haiyoh. Correct? =====
cannot use such language.................over/under value is always relative and depends on many things. Based on S curve, and the many options tesla have its far far away from over valued.
There is no way u can say a share is over valued until u can find the terminal value of a company.................and tesla has infinite possibilities far beyond selling cars.
its actually very easy. When Wall Street comes crashing down, which it will by the end of the year.....................Japan and India will also follow. And China shares will go up as that is where the value is.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
UlarSawa
35,552 posts
Posted by UlarSawa > 2023-07-20 16:43 |
Post removed.Why?