CRE MarketBeat’s Post

Great to report that Tesla has created over 1,800 jobs at Gigafactory New York (Let's Go Buffalo!) and invested over $2.2B in New York State! Read the 2023 annual report attached here for all the updates.

They said Tesla was done ❌ They said it was the beginning of the end ❌ They said the share price would plummet ❌ In the last few weeks, Tesla have reported less than expected sales, have fired multiple departments, have the media slating them at every opportunity, and social media predicting their downfall. Yet Tesla stock is up $40 since the 23rd April, exactly as predicted in my post 2 weeks ago. No, im not psychic, or a financial wizard, far from it, but sometimes you just have to look past all the smoke and the BS. In the same period, it’s been reported that Tesla has “cracked China” and stock in VW, Mercedes and Stellantis fall among disappointing sales and profit figures. Shares in Tesla surged after reports they had closed a deal with Baidu, a Chinese technology company based in Beijing, that would help the group roll out its Full Self Driving technology in the country. While most manufacturer are struggling, Tesla are creating their own future. They’re playing chess while the rest play checkers. #tesla #china #electriccars #electricvehicles #evcharging #sustainability #netzero #innovation #fsd #fullselfdrive

With sales, deliveries, and production volume now DECREASING, and a large swath of Tesla-land getting pink slips while they sleep on the factory floor, what analysts haven't yet realized is the vertical integration strategy now suffers from excess capacity. Capacity utilization that falls below about 80% means fixed costs per vehicle go up, and along with price cuts margins are squeezed even more. Next up? Fixed cost reduction actions. That means closing a factory. If Musk is smart he will close his Shanghai factory and get out of China completely, rather than continuing to walk the tightrope between a China-suspicious American public and a nation that already has the secret sauce and their own successful EV (BYD).

The Tesla founder, Elon Musk, was successful in getting China to support Tesla's driver-assistance service. 🌟 This noteworthy achievement shows the expanding significance of the Chinese market in the global automotive scene, in addition to highlighting Tesla's dedication to innovation. This decision has far-reaching financial ramifications. Leaders in business have long strategically targeted China, the largest automobile market in the world, as a means of pursuing development prospects. Support for its driver-assistance service will help Tesla solidify its position in this important market niche and open up new opportunities for revenue development and market expansion. Furthermore, investors' trust in Tesla's long-term potential is bolstered by this support from Chinese authorities, which also serves to increase the company's legitimacy. As specialists in the banking industry, we understand how crucial regulatory clearances and strategic alliances are to generating long-term development and shareholder value. The future of mobility will undoubtedly continue to be shaped by innovation and cooperation, as we see with the convergence of automotive technology and finance. Cheers to Elon Musk and the Tesla crew on this noteworthy accomplishment! Keep an eye out for more advancements and prospects in the rapidly changing domains of finance and automobile technology. #China #Finance #Innovation #Mobility 🌐💡 #Tesla

It's encouraging to see how calculated choices like these may have significant financial ramifications as we help our clients navigate the complexities of asset management. Since China is the largest vehicle market in the world, there are a ton of prospects for growth and market expansion there. Tesla's most recent achievement further cemented its place in this important market sector. Furthermore, this backing from Chinese authorities strengthens investors' faith in Tesla's long-term potential and raises the company's credibility in the eyes of stakeholders. As experts in the banking sector, we are aware of how crucial regulatory approvals and business partnerships are to long-term growth and shareholder value. This achievement by Tesla demonstrates the strength of collaboration and creativity, influencing the direction of finance and transportation in the future. Let's celebrate Elon Musk and the entire Tesla team for this incredible accomplishment! 🥂 Watch this space for additional innovative developments in the fast-paced fields of finance and automotive technology. #Innovation #China #Finance #Mobility 🌐💡 #Tesla

🌐 Tesla's Price Cuts in China: A Bold Market Strategy Amidst Growing Pains 🚗💨 Tesla's recent price reductions in China signal a bold strategic pivot aimed at capturing more of the world’s largest EV market. By slashing prices on popular models like the Model 3 and Model Y, Tesla isn't just reacting to short-term sales dips and competitive pressures—it's making a calculated bet to enhance market share and consumer accessibility. Market Dynamics: Increased Accessibility: More affordable pricing could dramatically expand Tesla's footprint, appealing to a broader demographic. Brand Positioning: This move reinforces Tesla's commitment to value and innovation, key differentiators in a saturated market. However, these cuts also reflect the harsh realities of operational challenges, including recent recalls and layoffs that could temper market enthusiasm. In essence, Tesla's aggressive pricing strategy in China could be a game-changer, positioning the brand uniquely amidst fierce competition and market skepticism. #Tesla #EVMarket #MarketingStrategy #BusinessAnalysis

Upon stiffening demand, Tesla partly cut its ad-team and slashed prices (in main markets like China again). A foolish move! Any cost-savings and short term sales potential will be outweighed by the negative signalling effect these measures have on markets and investors. Tesla remains the only brand known to mankind to ever take a price war to China. Pricing capabilities matter... even for Tesla. Just compare price cuts and Tesla's share price. 🤯 #Tesla #marketing #pricing #china

Tesla's Response to Market Challenges: Strategic Shifts and Leadership Scrutiny In the aftermath of a disappointing quarterly report, Tesla is making strategic adjustments to address recent setbacks. Key factors include a significant shortfall in deliveries and declining sales, particularly in the Chinese market where local EV makers are gaining ground. Recent data indicating a dip in Tesla's sales vis-à-vis its Chinese rivals underscores the evolving dynamics of the global EV market. In response to these challenges, Tesla has initiated strategic adjustments to optimize its operations and refocus its product offerings. Notably, the company has scaled back production at its Shanghai Gigafactory and reduced production shifts for its highly anticipated Cybertruck model at its Texas facility. These measures reflect Tesla's proactive approach to aligning production capacity with current market demand. Despite challenges, Tesla remains focused on innovation and navigating the current market landscape. By leveraging its technological expertise and addressing investor concerns, Tesla aims to emerge stronger and reaffirm its position as a leader in the EV industry. #feydin #tesla #strategy #performance #transformation

"Only when the tide goes out do you discover who's been swimming naked". This quote from Warren Buffet is spot on. Competitive rivalry in Europe is heating up as Tesla slashes again model Y prices (up to 9%). Tesla is executing what it announced at its´23 investor day: - optimisation of production (target -50% unit costs) - low charging infrastructure costs (up to -75% vs competitors) - lean general & admin expenses (SG&A), 60-70% lower than others While it is obvious that incumbents need to cope with lower cost structures, it takes time to transform decades of legacy tech, skills/ mindsets and processes. In this market environment, new value propositions & biz models need to be fast tracked to differentiate/ make customers sticky. https://lnkd.in/eKM2Pr7j.

Here are some history about Tesla the inventor, his challenges and success!