Why Tesla's Quarter Was Worse Than You Think
(NASDAQ: TSLA) stock has been down sharply since earnings were released this week, and there wasn't a lot for investors to like. Sales are struggling, margins are down, and Tesla is no longer the highest-margin automaker in the industry.
In this video, Travis Hoium covers the concerning operational trends along with the troubling comments around Tesla's FSD software and the future of the Cybertruck. This quarter was bad, but operations may get a lot worse before they get better.
*Stock prices used were end-of-day prices of Oct. 18, 2023. The video was published on Oct. 20, 2023.
Source Fool.com
Tesla Inc Stock
€199.08
-2.050%
Currently there is a rather positive sentiment for Tesla Inc with 72 Buy predictions and 29 Sell predictions.
As a result the target price of 240 € shows a positive potential of 20.55% compared to the current price of 199.08 € for Tesla Inc.
