Don't worry. Tesla's plan is to exit the car business. Even though that is their only real business. Hahaha.
Only half joking.
EXCLUSIVE-Tesla US sales drop to nearly 3-year low in November despite launch of cheaper versions
EXCLUSIVE-Tesla US sales drop to nearly 3-year low in November despite launch of cheaper versionsTesla's U.S. sales hit nearly 3-year low in NovemberStandard variants cannibalize Premium sales, says Cox's StreatyTesla's market share rises while EV sales slumpBy Abhirup Roy. SAN FRANCISCO, Dec 11 - Tesla's TSLA.O U.S. sales dropped to a near three-year low in November, despite the automaker's rollout of new, cheaper versions of its best-selling electric vehicles, estimates from Cox Automotive given exclusively to Reuters showed on Thursday. Making a success of the more affordable variants, called Standard, is important for Tesla and a test of its strategy for how to keep selling cars and bring in revenue as it transitions to making robotaxis and building humanoid robots, which are the core reasons investors value the company at $1.4 trillion. EV sales have taken a hit broadly since the end of September when the Trump administration ended $7,500 federal tax credits. To combat the fall i
EXCLUSIVE-Tesla US sales drop to nearly 3-year low in November despite launch of cheaper versionsDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.