Netflix Shares' Wild Ride, Tesla Earnings on Tap, and Fresh Market Lows 04/19/23
Morning Call
00:00
Tesla's Price Cuts and What Elon Musk May Say
Tesla is cutting the price on some of its most popular models this time it's the Model 3 and the Model Y two of its best sellers with discount spring a real-world drive version of the Model 3 below $40,000. Some investors are taking the move as another sign that Elon Musk is willing to sacrifice profitability as it grapples with an uncertain macro outlook. The price cuts also coming on the eve of Tesla's next earnings report. Our fillable as a look at the one key metric investors should be watching.
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