2min chapter

First Move with Julia Chatterley cover image

Featured interview: Diageo CEO Ivan Menezes

First Move with Julia Chatterley

CHAPTER

The Tesla Stock Is Going to Come Down a Lot

Tesla is aggressively cutting prices, not just in China, but the US and Europe. Currently, Tesla's run rate demand is about 1.75 million cars per year. Their capacity right now is roughly double that. So they're not even selling half of their existing capacity. That is the quintessential definition of a demand problem.

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