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And just like BYD, Tesla's Q1 profit for this year was also down 24% from Q4 2022. https://www.macrotrends.net/stocks/charts/TSLA/tesla/gross-profit https://ww
by jjulius 4y ago
And just like BYD, Tesla's Q1 profit for this year was also down 24% from Q4 2022.
https://www.macrotrends.net/stocks/charts/TSLA/tesla/gross-profit https://www.macrotrends.net/stocks/charts/TSLA/tesla/gross-p...
- sixQuarks 4y agoYes, but the point is Tesla reduced margins so they can continue growth (which they did), at the direct cost of competitors losing sales (which byd did).
- wootland 4y agoAgain, the article says that BYD is up 400% so they did not lose sales. If you have some data that contradicts the article, you should post it.
- sixQuarks 4y agoTheir sales have gone down 20% compared to last quarter. What more data do you need?
- wootland 4y agoQuarter to quarter comparisons make absolutely no sense because sales are cyclical, hence why they're comparing to the same quarter last year from which they've demonstrated 400% year-over-year growth.