We've been asked, by many recently, how we arrive at our yr-end 2023E PT of $23.44 (or -82.5% downside from today's closing price). So... here it is, as we've previously published. @GordonJohnson19@GLJ_Research $TSLA
GUGGENHEIM: “.. $TSLA used prices are declining at ~3x the rate of the market over the last 3 months .. we believe TSLA had to decide whether to sacrifice volume growth or gross margins, and based on pricing actions, the answer appears to be gross margins.”
Cuts to Sell, $89 tgt
"all choose SR version"
The price of $TSLA's Model Y SR was cut to $38,000.
The Model 3 was cut to $33,000.
There's likely NO net margin on these cars, which means $TSLA's China profits may EVAPORATE.
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The first issue is exactly what you want, an always growing) collection of those parody accounts with screenshots.
https://t.co/rdlE3XeJmu