Tesla Tumbles, Earnings Weigh on Stocks, SpaceX "Starship" Explodes After Launch 4/20/23
Squawk on the Street
00:00
The Dispiriting Call From Jonas Ford
Jonas: We've taken a view that pushing for higher volumes and a larger fleet is the right choice here. While we reduce prices considerably in early Q1, it's worth noting that our operating margin remains among the best in the industry. It's better to ship a large number of cars at a lower margin and subsequently harvest that margin in the future as we perfect autonomy.
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