16 ms·
"Tesla is on track toward a second year of sales decline." - from the article Consecutive years of sales declines is a situation where it does not matter if th
by mandevil 1y ago
"Tesla is on track toward a second year of sales decline." - from the article
Consecutive years of sales declines is a situation where it does not matter if the market is growing or shrinking, it's bad for a company. The only way to grow if absolute sales go down is to raise margins on each individual unit.
"But with weakening sales and a host of competitors, Tesla has had to cut prices in recent years, squeezing its margins and worrying investors."
Hmmmm, I guess maybe the author of the article understands this better than you think?