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    Tesla (TSLA) Started A Price War Automakers Weren't Ready For

    Tesla (TSLA) Started A Price War Automakers Weren't Ready For

    FromSchwab Network

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    Tesla (TSLA) Started A Price War Automakers Weren't Ready For

    FromSchwab Network

    ratings:
    Length:
    11 minutes
    Released:
    Feb 1, 2023
    Format:
    Podcast episode

    Description

    Tesla (TSLA) started a price war the other automakers weren't ready for, says Steve Westly. He discusses the outlook for the EV space. He talks about how Tesla can afford the price cut as it earned $15,700 in gross profits per car in 3Q22, while GM has lost money on all EV's though 2025. He then goes over how General Motors (GM) and Ford (F) can compete with Tesla. Tune into find out more about electric vehicles and the stock market today.
    Released:
    Feb 1, 2023
    Format:
    Podcast episode

    Titles in the series (100)

    A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.