Market Domination welcomes Barron's Associate Editor Al Root to talk about the electric vehicle maker's delivery figures and what it may indicate for Tesla's next earnings report on July 17 and its vehicle pricing.
Uh Down from about 11% a year ago, margins have been steadily marching lower as they've lowered prices and growth has slowed.Uh so we look at operating margins and we will look for like the reversal in earnings estimate declines.And you can expect sort of, you know, the standard beat, you know, and look forward to the rest of the year, you know, Q one, Q two being the worst part of the year and then establishing this idea that Tesla can grow again in the back half and then in 2025.
So, you know, car companies might say to themselves, ok. You know, we're good, we can just sort of operate at these levels.