XDCC
voted
Perhaps the most anticipated Q1'23 results of them all.
$Tesla(TSLA.US$ released its latest results, and it does not look good upfront.
But behind the numbers, perhaps, Tesla is weighing in on a longer-term game plan.
Here are my observations
1. Higher revenue, but deteriorating gross margins
Overall revenue is higher by +24% YoY, but down by -4% QoQ.
As Tesla sought to continue its price cuts, it comes with no surprise that the gross margins will be aff...
$Tesla(TSLA.US$ released its latest results, and it does not look good upfront.
But behind the numbers, perhaps, Tesla is weighing in on a longer-term game plan.
Here are my observations
1. Higher revenue, but deteriorating gross margins
Overall revenue is higher by +24% YoY, but down by -4% QoQ.
As Tesla sought to continue its price cuts, it comes with no surprise that the gross margins will be aff...
![Tesla - Short-term pain, long-term gain?](https://sgsnsimg.moomoo.com/102263458/editor_image/0201915443663e85916176b131952db4.jpg/thumb)
![Tesla - Short-term pain, long-term gain?](https://sgsnsimg.moomoo.com/102263458/editor_image/0c0683e822cc3217b22207859268a62f.png/thumb)
![Tesla - Short-term pain, long-term gain?](https://sgsnsimg.moomoo.com/102263458/editor_image/3fd1db10e79237dd8c46203310942b83.png/thumb)
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