Thursday, September 19, 2024

Fears Tesla beating – "They may be punished"

Tesla is a long way from the goal of building 1.8 million cars by 2023. The car brand can adopt a new, yet familiar, weapon.

Must, must not? This is probably what more than a few motorists are asking themselves these days. At least when it comes to buying a new Tesla. Prices have fluctuated significantly since the New Year. And now there may be another fluctuation on the way. In order to reach the target of 1.8 million cars produced in 2023, Tesla lacks almost 500,000 cars. Cars to be built in less than a quarter. But according to Thomas Martin, who is senior portfolio manager at Tesla shareholder Globalt, interest is drying up. READ ALSO: Thomas hates cars – punctures them "because someone needs it" However, Tesla can save that by lowering the price once again. Something we may get an answer to when Tesla presents the brand's latest quarterly accounts today. But that Tesla cannot avoid earning less per car, can also mean a drop in the value of the brand on the stock market. – As I see it, one of the main reasons for Tesla's high valuation, in addition to their higher growth than other car companies, is their historically higher margins compared to the industry. – However, if we see tonight that the trend of Tesla's downward margins continues, it could mean that the share will be punished when the accounts come, writes Oskar Barner Bernhardtsen, Nordic investment strategist at Saxo Bank, in a comment toEkstra Bladet .

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