#Tesla #Model3 #ModelY #china
Shares of Tesla bounced back after dipping Friday morning on news that the company was slashing prices for its Model 3 and Model Y in China.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes
WATCH HERE:
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Calm down even the Chinese mushroom stock gained over 7 percent today. It will drop.
Chinese stocks are goated
One of the few voices of reason. everyone on every yt vid still singing praise and expecting to get rich off Tesla. that is not the way you get a bottom.
Prices are 40% cheaper in China because labor is 40% cheaper in China. Battery materials also more easily sourced in China.
Lol. Good math. 40% less in labor translates into 40% in price. No wonder Chinese are winning the 21st century
@Maria Jiao I also mentioned battery materials. Chinese aren’t winning anything, Chinese people being used by their government and the rest the world.
Tesla can produce EVs at lower cost than any other company. Huge competitive advantage.
Nope. Their Chinese competitors have lower priced cars.
Just ignore the HUGE market cap still. You will learn after the bubble pops more.
Tesla is cutting the price of it’s cars in China which means less revenue.
Less revenue for Tesla but the stock goes up.
There’s some fanboy logic.
More volume.
If Tesla cuts prices like that here in the US. Good bye Ford and GM, they could never compete. As is Ford and GM make no profit on EV sales.
People don’t want a TwitterMobile. Too many defects.
Unless they import from China, Tesla cannot cut the price in the US as the production cost is higher.
Happy New Year 🎄💐. Warren Buffett talked in BBC NEWS on how investors and traders can make millions. Her recommended an Expert called “Layla Claire Wondering if viewers here are familiar with she’s services..?
Great reviews we have here. Please where is this Layla Claire from and can I trust her very well?
@Elegbede Julius Layla Claire is from USA and she can be 100% trusted
Do you know how much is ok for a start let me know if I can do this
@William Jack I’d suggest you get to her directly
@Alfred Leo Thank you so much for your recommendations I really appreciate, I’m gonna get in touch with her right away
Tesla cars are getting long in the tooth. The Tesla CEO hare fell asleep under the Twitter tree, and the tortoise competitors passed up Tesla. People want more stylish vehicles. The other companies have much more exciting products.
🤎🙏🏿 Israel United in Christ is NOT AFFILIATED WITH ANY OTHER ISRAELITE ORGANIZATION OR GROUP! ISRAEL UNITED IN CHRIST IS A NON-VIOLENT BIBLE BASED MOVEMENT! WE DON’T ADVOCATE OR CONDONE ANY ACTS OF VIOLENCE AGAINST ANY RACE, ETHNICITY OR GENDER! WE ADVISE THAT IF ANYONE HEARS OR KNOWS OF ANY PLOTS TO CAUSE HARM TO ANYONE OR TO BREAK THE LAWS OF THE LAND, YOU MUST CONTACT THE PROPER AUTHORITIES TO BRING AWARENESS TO ANY POSSIBLE THREAT(s), AS STATED IN: 🙏🏿
Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. This global collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
TESLA WILL SUCK IN MORE BAGHOLDERS BEFORE IT FALLS MORE.
Look at how positive everyone is in the comments.
NOOBS! 🤣🤣🤣🤣
FYI: Tesla got 70k orders in one day after the price cut in China. They also reduced the prices in several other countries supplied by Tesla China. This is because they have been able to reduce costs. This has been the plan the whole time. Reduce production costs, reduce prices, and increase the price of FSD over time.
Excellent analysis as always. Would you consider doing a video dispelling the concerns on Bitcoin such as how will bitcoin and CBDCs coexist with bitcoin and the energy concerns and the chance of it being banned in US. It would be good to hear your views on this and hopefully dispel fears.That being said, I was able to raise 11btc from day-trade with Nath Jonas in few weeks.
Thomas Nath works the market like magic, I keep on earning every single week with his awesome strategy….
I started trading with Nath when i watching videos about bitcoin trading
Positive result Is all i have read and heard about Nath trade
This is an opportunity for newbies to capitalize on, It’s quite a shame people can’t see this, trading is everything right now.
His strategy has been helping a lot of traders/newbies out there, with his program i was able to recover my losses from the crash so swiftly.
Then Tesla is not a car company right? But it has to lower prices as any other car brand, but wait it is not because demand right? They lower prices to increase it’s unlimited demand
Tesla car body designs are outdated… its like buying a old iPhone 7 with the Newest iOS… 🤔😒😷👎
As the economic crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future, Thanks so much Mrs. Victoria Wiezorek for improving my portfolio