Tesla (TSLA) starts discounting new vehicles by $3,000 in end-of-quarter push
electrek.co
Tesla has started discounting new inventory Model Y and Model 3 vehicles again in an apparent new end-of-quarter delivery push....

In case any of you were waiting for Black Friday type deals between now and the end of the year

  • AccomplishedCheck895@alien.topBEnglish
    1·
    1 year ago

    That was a good move on Tesla’s part. Their business strategy is far and away better than GM’s and the tide of Red Ink under Mary B.S. Barra… Source:

    GM - Under Mary B.S. Barra: A Sea of Red…

    September 2023 Year over Year
    Revenue $44.14B Up 5.35%
    Net Income $3.06B Down 7.29%
    Diluted EPS 2.2 Down 2.22%
    Net Profit Margin 6.94% Down 12.04%
    Operating Income $3.13B Down 17.84%
    Net Change in Cash $2.22B Down 41.2%
    Cost of Revenue $38.74B UP 7.59%
    • kaisenls1@alien.topOPBEnglish
      1·
      1 year ago

      You clearly don’t understand what “Red Ink” means, eh?

      Agreed, this is a good move on Tesla’s part.

      • AccomplishedCheck895@alien.topBEnglish
        1·
        1 year ago

        Apparently, you just respond with anything that you think refutes a comment someone makes… And you do so without actually knowing what it is your saying.

        ** Do you realize that you don’t actually know what it is you’re talking about? **

        Here is the definition of ‘Red Ink’ from Merriam-Webster:

        red ink
        noun
        1
        : a business loss : DEFICIT
        2
        : the condition of showing a business loss