ST Alpha - "according to the trainwreck earnings call mainly because they slashed the margins to the bone to move the product" (Reading a Post)

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In response to "As a counterpoint to all the Tesla doom, the Model Y was the best selling car in the world for 2023." by TWuG

according to the trainwreck earnings call mainly because they slashed the margins to the bone to move the product

Posted by hollywood big shot (aka pickmix) Jan 26 '24, 14:38

"One of the main drivers for the success of the American battery-powered crossover was the repeated price cuts applied by Tesla during the previous 12 months"

Responses:

Not cause it has doors that go like "this"? -- nm - JD Jan 26, 14:56 2
- Wait does it have those doors? -- nm - amandaphone Jan 26, 15:26 1
  - Actually, no. It was announced as having them like the X but production wise, it just has traditional rear doors -- nm - JD Jan 26, 15:37
Margins were 9.2% for 2023 and profits up nearly 20%. - TWuG Jan 26, 14:45
I mean, ultimately good, as it's driving down the price for all EVs - Reagen Jan 26, 14:41

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according to the trainwreck earnings call mainly because they slashed the margins to the bone to move the product

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