Price cut off like this does not look good for Tesla as a whole. It signifies less revenue, margin and ROI.
This is great for the consumer but companies that raise prices signify moat and strong consumer must have.
Don’t expect buffet to invest in a company like this
The way I see it, Tesla is trying to slowly break into the mid-range market. Can't say whether Buffet would invest in Tesla, but Tesla reducing prices and making cars more affordable could increase sales.
The way I see it, Tesla is trying to slowly break into the mid-range market. Can't say whether Buffet would invest in Tesla, but Tesla reducing prices and making cars more affordable could increase sales.