On the surface it does seem that way. But if you look deeper, deliveries and production for Model 3/Y increased by close to 80% YOY, more than enough to compensate the drop in S/X. 😉😉
And Tesla's mission is to make EV so affordable and accessible for massive adoption, it makes a lot of sense to focus on growth of Model 3/Y which are the cheaper models of Tesla.
And if you look at the long-term picture over the years, Vehicle Deliveries, Operating Cashflow, Free Cashflow, Net Income are all increasing healthily! 🎉🎉
Bobi2206 : Bet my life savings this will clear 1000 by end of year
arigatoinvestor OP Bobi2206 : Tesla is great, nevertheless I think it's still good to invest with a portfolio so you can diversify your risk :)
Bobi2206 arigatoinvestor OP : Thanks for the Suggestion!