Part 5/10:
One analyst projects short-term disappointment due to recent price cuts but sees a healthier picture in the long run. Tesla’s average selling price has dropped, and margins are likely to dip below 16% in Q2. Nevertheless, as manufacturing ramps up at new gigafactories in Berlin and Austin, margins could rebound to around 25% over time, excluding full self-driving revenue.
Recent Market Movements and Global Sales
Tesla recently made a strategic move in South Korea by releasing the rear-wheel-drive Model Y, which has surged sales. In fact, these sales have exceeded all of last year’s numbers—an impressive feat considering South Korea’s relatively small market. This surge could significantly impact Tesla’s overall delivery figures for the quarter, possibly boosting revenue.