Tesla Says In Hong Kong, Starting July 7, New Model 3 Or Model Y Buyers To Receive HK$4,000 Off Their Purchase Price If They Order Using Referral Link
Portfolio Pulse from Happy Mohamed
Tesla has announced that starting July 7, new Model 3 or Model Y buyers in Hong Kong will receive a HK$4,000 discount on their purchase price if they order using a referral link.
July 07, 2023 | 12:28 pm
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POSITIVE IMPACT
Tesla's new marketing strategy in Hong Kong could potentially increase sales of Model 3 and Model Y, which may positively impact the company's stock.
The discount offer is a marketing strategy aimed at boosting sales. If successful, this could lead to increased revenues and potentially a positive impact on Tesla's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
As an ETF that tracks the performance of the largest and most liquid Chinese companies, FXI could be indirectly affected by Tesla's marketing strategy in Hong Kong.
While Tesla's marketing strategy could potentially impact the Chinese market, the direct impact on FXI is uncertain as it depends on various factors including the overall performance of the Chinese market and other companies in the ETF.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 50