WSJ·6h agoTSLA
EV price competition pressures margins into the second half
Incentive spend per unit rose again in July, while average selling prices continued a gradual decline.
Tesla, Inc.
$342.11−2.18%
Tesla, Inc.
TSLA$342.11−2.18%
$314.27$296.52$278.76$261.01$243.25
Jul 11Jul 19Jul 26Aug 3Aug 10
About Tesla, Inc.
Tesla designs, manufactures and sells electric vehicles and energy generation and storage systems, and operates a global charging and service network.
Market cap$1.10T
P/E91.2
Dividend—
52W high$488.54
52W low$212.11
Revenue$97.7B
EPS3.75
Employees140,473
CEOElon Musk
SectorConsumerAuto Manufacturers
About Tesla, Inc.
Tesla designs, manufactures and sells electric vehicles and energy generation and storage systems, and operates a global charging and service network.
Market cap$1.10T
P/E91.2
Dividend—
52W high$488.54
52W low$212.11
Revenue$97.7B
EPS3.75
Employees140,473
CEOElon Musk
SectorConsumerAuto Manufacturers
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Discussion
The interesting part of this print isn't the top line, it's that gross margin held while mix shifted toward the lower-margin segment.