11:21 - 22.10.2024

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October 22, Fineko/abc.az. Tesla is facing the first-ever decline in sales volumes at the end of the year, not to mention the constantly decreasing profit margin.

ABC.AZ reports that it is questions about the degree of Tesla's technical progress in creating a full autopilot and robotic taxis that may be among the most inconvenient for this automaker at the upcoming reporting event. Promises of a bright autonomous future will not distract investors from Tesla's pressing problems related to the production of electric vehicles.

Price wars systematically deprive Tesla of one of the main advantages in the electric car market — a high profit margin compared to competitors. If in the 1st quarter of 2022, Tesla's profit margin in the automotive segment reached 30%, then by the 2nd quarter of this year it fell to 14.6%, and by the end of the third it risks rising to only 14.9%, as Visible Alpha analysts say.