Michael, how can TSLA achieve 28% gross margin in 2023 (vs. 25.5% in 2022) when their car prices will have been reduced 12% on average? I have gross margin coming in about half of what you do.
Me too, I had approx 150 people who I had followed over the years on twitter deplatformed, no diversity of opinion was tolerated. For investing advice I find twitter great, I set up various lists eg Oil@Gas and put well informed and connected posters in the list for ease of access..
Good analysis and you cant count Elon out(Im a big fan) as he has already demonstrated many times. To take the opposite side
1. I know 2 Tesla owners who have said to me they are sorry they bought a Tesla because of his actions at Twitter. The strong desire to acquire a Tesla may be reduced for this reason and increased competition.
2. Relative to other companies the numbers are very good, but increasing volumes on "premium" priced vehicles may be hard, and it will be difficult to reduce prices.
3. Tesla is not doing things conventional dealers/sellers do. Conventional auto companies may move to that type of sales which could reduce their cost and thus increase sales/competition.
4. Apple is rumoured to be bringing a car to market, a brand with strong draw, I mean who doesnt want a car to seamlessly go from their phone, to their pad, to their desktop and to their car :) ?
Michael, how can TSLA achieve 28% gross margin in 2023 (vs. 25.5% in 2022) when their car prices will have been reduced 12% on average? I have gross margin coming in about half of what you do.
Me too, I had approx 150 people who I had followed over the years on twitter deplatformed, no diversity of opinion was tolerated. For investing advice I find twitter great, I set up various lists eg Oil@Gas and put well informed and connected posters in the list for ease of access..
Good analysis and you cant count Elon out(Im a big fan) as he has already demonstrated many times. To take the opposite side
1. I know 2 Tesla owners who have said to me they are sorry they bought a Tesla because of his actions at Twitter. The strong desire to acquire a Tesla may be reduced for this reason and increased competition.
2. Relative to other companies the numbers are very good, but increasing volumes on "premium" priced vehicles may be hard, and it will be difficult to reduce prices.
3. Tesla is not doing things conventional dealers/sellers do. Conventional auto companies may move to that type of sales which could reduce their cost and thus increase sales/competition.
4. Apple is rumoured to be bringing a car to market, a brand with strong draw, I mean who doesnt want a car to seamlessly go from their phone, to their pad, to their desktop and to their car :) ?
I like the free speech he is doing at twitter and may sign back up! Some of us though wont buy EV's no matter who sells them.