Why SPAC King Chamath Palihapitiya Says Tesla's 'Shocking Price Cuts' Will Result In 'Super Maximized' Demand
Portfolio Pulse from Shanthi Rexaline
Tesla's recent price cuts have sparked debate among investors. While some see it as a sign of waning demand and a threat to profitability, venture capitalist Chamath Palihapitiya views it as a strategy to maximize market demand. Wealth manager Ram Ahluwalia, however, sees the price cuts as bearish, indicating less revenue, earnings, and margin.
September 04, 2023 | 3:45 am
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Tesla's price cuts could either lead to maximized market demand or result in less revenue, earnings, and margin.
The impact of Tesla's price cuts on its stock price is uncertain. While it could lead to increased demand, it could also result in less revenue, earnings, and margin, which could negatively affect the stock price.
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