on Tuesday, it’s time to assess the company’s long-term viability. The company’s future relies on its ability to scale production and meet affordability against Chinese competitors.
In other words, Tesla’s year-over-year operating margin decline of -333 basis points , means that Tesla is operating at a loss as the revenue is outpacing the costs. The energy division’s revenue increased 100% YoY at $3 billion, while services’ revenue increased 21% to $2.6 billion. However,Whether it is speedrail or eVTOL deployment, it is no secret that a tech gap is widening between the West and China. Likewise, China has now the most advanced and mature EV market, making for a competitive environment that results in scaling and lower costs for the end-consumer.
For Tesla to survive that kind of competition, the company would have to rely on aggressive government interventionism. The EU already obliged, having set provisional 37.6% duties on China-imported EVs, on top of existing 10% tariff, totaling up to 48%. “Though timing of Robotaxi deployment depends on technological advancement and regulatory approval, we are working vigorously on this opportunity given the outsized potential value.”
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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