Nov. 20 at 6:27 AM
$TSLA Q4
The math is straightforward but brutal for Tesla’s margins. The company went from a market where customers paid
$3,000 down plus received
$7,500 in federal subsidies (effectively
$10,500 in support) to one where Tesla itself must absorb those costs to maintain competitive pricing. The
$6,500 internal lease credit plus the eliminated
$3,000 down payment means Tesla is eating nearly the entire value of the expired federal credit
But TSLA is trading higher because of huge demand for Nvidia chips. lol
