Tesla released their second quarter delivery numbers. As expected, they were down from the previous quarter although up over Q2 of 2021.
In this video I discuss how the Shanghai shutdown killed their production along with their issues in ramping up their two new factories.
Here is the article referred to in the video:
▶️ 3Speak
👍🏻 The new 3D Logo looks really cool! Well done.
Regards Thomas
I actually think China may have a few more shutdowns. They are still very strict about the virus and I wonder if Tesla is already taking this into consideration.
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It is very possible. There is no way we can look at the situation there and be optimistic about everything staying open.
Anyone building there is going to have to walk on eggshells for a while hoping the CCP doesnt lock things down again.
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People in India are waiting for Tesla to enter the market but because of some difference between Indian govt and tesla its not happening. Hope to see Tesla in India soon.
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Yeah there are a lot of issues with India and other companies doing business there. Part of it is the huge tax on imported stuff. This makes it expensive for a company like Tesla to operate since batteries will have to be imported, which will push up the price of the car.
There are other issues I am sure. We will see how it unfolds.
Tesla have enough demand around the world, for now, to keep pumping out cars and getting them into people's hand. This will not always be the case.
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there are many variants which I imagine have caused a small setback in the vehicle market but let's hope everything evolves favorably
I finally started buying into the technology sector... and I have a bit into mutual funds who have tesla stock. I would like to buy tesla on its own too, so if it does come down a bit I wouldn't mind!
you said in 2 or 3 weeks when they announce their earnings we may see the price move. Is there a place where I can find out when exactly a company is announcing their last quarter's earnings?
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teslair will have it.
I am not sure they announced it at this point yet.
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Thanks
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