Tesla will drop the price of the Y once it starts being manufactured in Germany. As a few people said above Tesla are supply constrained in Europe hence they are building a factory in Berlin. If you look at their deliveries in europe the vast majority of their cars are sold in the 3rd month of each quarter as it takes them 2 months to ship to Europe.
Once Berlin comes online I think they will easily do 250k in Europe for 2022.
From almost $900 to $780? Jeez. I wonder if this is due to all the commotion surrounding those few particular stocks or if the price was so heavily saturated that it had to drop eventuallyā¦
I am raging I sold some other stock today 2k to buy Tesla.and realised buying has been blocked. I think tesla rallies on Monday but I canāt benefit cos buying is blocked.
Giga Texas tells you everything, Tesla will change the world more than any other company over the next ten years.
My worry on this profit is that all of it is based on tax credits, without those Tesla would still be making a significant loss, so when they go away the valuation is going to look even more crazy. Hopefully sales will improve in the meantime and they can bridge that chasm before the credits are withdrawn.