“After the market closed the stock was down by about two per cent during the session – fell by about another four per cent in the after hours trade,” he told Sky News Australia.
“The earnings per share and revenue numbers were below the market’s expectations, they’ve been cutting their prices quite aggressively in recent months, in some cases as much as a third as they try to consolidate on their market positions.”
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There are more MG’s from China being sold than Tesla’s.
Tesla's boss is also below market expectations.