Tesla's record deliveries in Q2 were driven by price cuts and are already priced into its stock, short seller Jim Chanos says
on Twitter, saying it was fueled by price cuts and firmly priced into Tesla's current valuation.
"Again, 'blown away' is a 4% beat on deliveries with huge price cuts? The $800B valuation might just be discounting that…$TSLA," he"Is 'massive' 4% for a stock at 10x revenues…? Shouldn't a company trading at that valuation always exceed expectations? $TSLA," the short sellerTesla's market capitalization stood at $820 billion as of Friday's close, or more than 10 times its $81 billion of revenue last financial year.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Tesla Deliveries to Show Whether Price Cuts Are Paying OffElectric-car maker Tesla is expected to release second-quarter global deliveries amid stiffening EV competition
Weiterlesen »
Tesla Sets Quarterly Delivery Record, Aided By Price CutsThe world’s best-selling electric vehicle brand topped analysts' expectations with 466,140 deliveries.
Weiterlesen »
Tesla Sets Quarterly Delivery Record, Aided By Price CutsThe world’s best-selling electric vehicle brand topped analysts' expectations with 466,140 deliveries.
Weiterlesen »
Tesla beats second-quarter delivery estimates as price cuts pay off By Reuters⚠️BREAKING: *TESLA REPORTS Q2 DELIVERIES OF 466,140; EST. 448,351 *TESLA MODEL 3/Y DELIVERIES 446,915; EST. 437,386 *TESLA MODEL S/X DELIVERIES 19,225; EST. 14,606 $TSLA
Weiterlesen »
Tesla beats second-quarter delivery estimates as price cuts pay offTesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and U.S. federal credits helped make its electric vehicles more affordable.
Weiterlesen »
Tesla Sets Quarterly Delivery Record, Aided By Price CutsThe world’s best-selling electric vehicle brand topped analysts' expectations with 466,140 deliveries.
Weiterlesen »