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Zenger
Zenger
Business
Shanthi Rexaline

Bearish Analyst Takes A Swipe At Tesla As EV Maker Offers Discounts On Inventory Vehicles In Most Geographies: ‘There’s Infinite Demand…, Right’

Gordon Johnson Gary Black Nasdaq Tesla Inc.
Tesla, Inc.’s (NASDAQ:TSLA) price cuts have had a margin-eroding effect on the company without producing the desired effect of lifting volume. After stalling the cuts and modestly revising up EV prices recently, the company reportedly has discounted prices in several of the geographies it operates in. PHOTO BY MICHAEL FORTSCH/UNSPLASH 

Tesla, Inc.’s (NASDAQ:TSLA) price cuts have had a margin-eroding effect on the company without producing the desired effect of lifting volume. After stalling the cuts and modestly revising up EV prices recently, the company reportedly has discounted prices in several of the geographies it operates in.

GLJ Research’s Gordon Johnson, who is bearish on Tesla, on Thursday shared ion X, formerly Twitter, a screenshot showing Tesla offering EVs at discounts in many European Union countries such as Germany, France, the Netherlands, Sweden, Switzerland, and Norway.

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