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Hey, this is Tom Nash and we got a huge bombshell coming out out of Elon Musk and Tesla today. So Tesla just announced they're gonna be releasing the standard Range model S and model X and they're gonna be pricing those at ten thousand dollars cheaper versus the normal s and X. Now a lot of people are going to make some hoopla around this and I want to come on here and explain to you what this actually means without all this noise. Now look, there's gonna be people saying that this proves that Tesla is losing demand, they have to drop prices to get some sales, etc etc.

The normal you know Pavlovian response from all the Tesla Q crowd and all the haters and the Bears they're gonna come out swimming today basically saying oh, this is proof that Tesla you know, can't push the cars out Etc Look, the truth is very simple here. Number one: the model S and the model X barely make it dent in Tesla's Automotive revenues. The automotive revenues are mainly comprised by the Model Y mainly and the Model 3. the S and the X are a bug on the windshield of Tesla They're not really money making.

Um, Revenue centers. Right now it's It's kind of an expensive premium product. The money is in the model Y and the model 3. Now, obviously Tesla wants to get more sales from these cars and that's why they're making that push and I totally get where they're coming from.

so it's not going to take over the model Y the Model 3, it's still going to be a tiny percentage of their revenues. But no, why not take more money by lowering the price by ten thousand dollars? Now here's how I think this thing is going to be played out. The share price is going to react negatively because people are going to make some hoopla around this. But at the end of the day, what's gonna happen with the company With the business? Forget the share price and the stock market in the posts on X formerly known as Twitter What's going to happen to the company? Well, the company is going to sell more cars, The company is going to sell more expensive cars that make more money, more revenue for the company, Their revenue is going to grow, the net income is going to grow, demand is going to grow, and the business is going to benefit from this.

So no matter how the short-sighted Traders are going to treat this which I couldn't care, you know less about, you know you have limited amounts of in life and this is the least of my right now. No matter what the short-term Traders are going to do about this, this benefits the business greatly. It's a smart move, the company will make more money, and eventually these fundamentals will be reflected in the share price. which always happens with Tesla You know people distrust this.

They don't believe they can see it happening. the noise is getting to them, and then eventually The share price catches up with the fundamentals which are extremely strong. so this is not a great move by. Tesla Again, don't listen to all the hype and the noise.
As a long-term investor, I Think you should be focusing strictly on fundamentals and ignoring all this noise around the social networks Etc et cetera: companies lowering prices by ten thousand dollars, more sales, more revenues God Knows Tesla has the margins to do it. Look 10 years ago before the gym, we're creating a hundred billion dollars Tesla was trading at four billion Dollars 10 years later. You know what the story is. Don't be a sucker.

Don't let them fool you. Have a great day.

By Stock Chat

where the coffee is hot and so is the chat

27 thoughts on “More tesla price cuts revealed”
  1. Avataaar/Circle Created with python_avatars Commissioner Lo-Fi says:

    Cut prices down and make money on the back end.

  2. Avataaar/Circle Created with python_avatars Let's Talk About It says:

    This is the revers 2008 bond market.

  3. Avataaar/Circle Created with python_avatars CH RS says:

    LOL!!!! Thanks bro got my laugh for the week!

  4. Avataaar/Circle Created with python_avatars DarkHorse82 says:

    It’s not really significant. Honestly from my personal experience in buying higher end vehicles in this price bracket. If I’m spending this amount of money the price difference of 10gs isn’t a thing. I’d buy the mid to upper model S every time. This lower option doesn’t appeal to me in the least

  5. Avataaar/Circle Created with python_avatars Bill Daker says:

    Saturate the market and the rest will take care of itself.

  6. Avataaar/Circle Created with python_avatars M G says:

    Negative reactions on Wall Street make for great prices and more added value for the shares bought in that reactive low.

  7. Avataaar/Circle Created with python_avatars John Lam says:

    Keep buying DCA , I’ve been buying since 2020

  8. Avataaar/Circle Created with python_avatars D Gaz says:

    The VolksTesla, the people's tesla…ha hahahaha

  9. Avataaar/Circle Created with python_avatars Mike Hunnewell says:

    Have you seen what they make per car compared to their competitors. They can afford to do it . I think it's a great move to secure being the preferred brand in EV in the US.

  10. Avataaar/Circle Created with python_avatars Mel says:

    Cheers!

  11. Avataaar/Circle Created with python_avatars Tim Knew says:

    STOP IT. As long as the stock is solely based on buying and selling the honest investor like me is going to get swindled.

  12. Avataaar/Circle Created with python_avatars David Best says:

    Here we go final hour down sh# goes

    I predict tomorrow Palantir will open gap down below $15 and will attempt to close the gap and finish back above $15 🤔

    If sh# doesn’t finish back above $15 on green day tomorrow/ this week then next stop $12.91, 100 day moving average. All just my thoughts, let’s see how it plays out over next couple of days and weeks. Need to hold above $15 else down down sh# will go.. Quickly too down to 100 day moving average..

  13. Avataaar/Circle Created with python_avatars Michael Singleton says:

    Damn I just bought more shares

  14. Avataaar/Circle Created with python_avatars D_ the WIZZARD says:

    GLAD SOMEONE ELSE SEES THE STOCK MARKET THE WAY I DO 😊

  15. Avataaar/Circle Created with python_avatars Pigs in Pyjamas! says:

    Warren Buffet has sold 45% of his GM stock!
    Thank you and goodnight 😂

  16. Avataaar/Circle Created with python_avatars Adam Marshall says:

    Not to mention China consumer is also not spending like it was pre Covid. So sell the cars and make more $$ who cares if the per unit % of these models are lower!! Just make $$ long term it’s a win

  17. Avataaar/Circle Created with python_avatars Carlos E Gonzalez says:

    In short buy the dip.

  18. Avataaar/Circle Created with python_avatars ORANGEDRONE says:

    Nobody is buying anything rn.

  19. Avataaar/Circle Created with python_avatars SockenbartderI says:

    Copium

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