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A comment on Tesla jumps 14% on S&P 500 inclusion speculation Now the 10th by market value. Parent comment

Re:Tesla jumps 14% on S&P 500 inclusion speculation Now the ... by nickik on Monday July 13, 2020 @02:06PM (#23823684)
Tesla lost far less during COVID and has shown to be resistant to even a crazy recession. They showed demand in the worst economic climate in 10+ years. They continue to show very good margin that nobody else can match with EVs, not even close.
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Re:Tesla jumps 14% on S&P 500 inclusion speculation Now the ... by RivieraKid on Monday July 13, 2020 @02:19PM (#23823835)
They were break even in Q1, thanks to $400m of tax credits thanks to tax credits. They had to drop prices in Q2. Deliveries would be down YoY if it wasn't for China.
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Re:Tesla jumps 14% on S&P 500 inclusion speculation Now the ... by nickik on Tuesday July 14, 2020 @04:16PM (#23837239)
So what? All producers dropped prices and offered intensive. All companies try to sell/produce cars in China. Getting extra money for doing nothing is a negative now? Automotive only margins are still good and improving making their outlook for the second half of the year very good.
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