The potential upside will come in 2025; with many coming to fruition soon. The megapacks and semis are real and are more profitable than their EVs auto segment. These will grow exponentially to be more than what they are now. Not counting the Optimus, consider what cpst reduction they can achieve with Optimus runnign the 3rd shift -- and the cost of good sold will be a great winner
With such a broad band of potential, Tesla will become a Exxon who EVs will depend on, a Power Utility which will make the legacy Utilities second fiddle, a Grab/Uber combined, a revamped EV supplier of choice, and a future Robot rental company for the elderly (remember the world is aging fast). Jump on the bandwagon while it is still at a reasonable price point. Buy and Hold for retirement and keagacy for the next generation
Makes good commercial sense to increase sales since Tesla Shanghai has the lowest cost position; adding volume helps lower overall cost. This will greatly affet their competitors who are already losing money on every sales. This is also a test for Tesla to see how far their competitors can support lowering of their price and how far they can affort to lose. This will greatly reduce sales of others beside Tesla. Besides Tesla has an abundant orders from Asia Pacific, and they can ship their addtional production volumes to Asia -- as it is only a very short distance from Shanghai. Great strategy by Tesla China
Tesla Offers Additional Discount to Chinese Buyers on Some Models
$Palantir Technologies Inc.(PLTR)$ bullish momentum getting stronger, as shown by the strength of the support line. Bounces back after price went down. Options pricing is also gaining strength. Waiting for more gain esp in Dec
$62 Million is a small amount as compared to her ttoal holding in TSLA. She has to unload as the $ value of TSLA stocks go up to a certaain value as constrained by the rule of her ETF that no no stock should hold more than a certain amount in value in total. This is positive news instead; you will see that she is also setting up some new ETFs to hold more of TSLA stocks to continue to take advantage of TSLA’s growth in value
Cathie Wood Keeps Selling Tesla, Unloading $62 Million of Shares