Tesla is reporting earnings next week, and it's 'all about margins'

Tesla Inc. is slated to report third-quarter earnings on Wednesday amid renewed concerns about the EV maker’s margins and demand after a fresh round of price cuts.

There was also “very little enthusiasm” about Tesla’s next model, the Cybertruck, among the investors, Jonas said. The price cuts, the latest of which were announced last week, rehashed investors’ worry about the company’s margins. Gross margins are likely to drop again in the third quarter, but are likely to recover in the fourth quarter, Munster said.

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Tesla flips a wireless charging company. - The VergeEarlier this year, Tesla teased an image of a Model 3 parked on top of what appeared to be a wireless charging pad. Speculation grew when it was reported that Tesla was acquiring Wiferion, a German wireless charging startup known for inductive charging technology for industrial robots and EVs. Now, just a few months later, Tesla has reportedly sold the company to another German company, PULS. Robot Report suggests it was an “acqui-hire” move, in which Tesla hires the engineers and then sells off
Sumber: verge - 🏆 94. / 67 Baca lebih lajut »