Tesla’s Musk fine with taking this risk if it means higher production

By Joey Klender Posted on July 20, 2023 Tesla CEO Elon Musk said during the company’s Q2 2023 Earnings Call on Wednesday that it “makes sense to sacrifice margins in favor of making more vehicles,” hinting toward more price cuts even as economic times are uncertain. This year, Tesla has used price adjustments to stimulate …

Over 466k delivered and nearly 480k produced

By Simon Alvarez Posted on July 2, 2023 Tesla (NASDAQ:TSLA) has released its delivery and production figures for the second quarter of 2023. As per the electric vehicle maker, it was able to produce almost 480,000 cars and deliver more than 466,000 vehicles in Q2 2023. The results were released early Sunday morning, July 2, …

Tesla bull says caution surrounding AI label is advised while raising price target

By Joey Klender Posted on June 22, 2023 Tesla (NASDAQ: TSLA) bull Adam Jonas of Morgan Stanley is advising investors to use caution when discussing the company’s future as an artificial intelligence (AI) entity as monumental expectations from analysts and others could leave many disappointed, he said in a note. “While we do agree with …