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Tesla Slashes Prices, Wall Street Slashes Estimates. Investors Don’t Care.

Por: MarketWatch Business January 18, 2023

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Bernstein analyst argues the impact will be “huge.” He cut his 2023 earnings estimate to $3.80 a share from $4.96. He believes the price cuts were in response to falling demand for ‘s (ticker: TSLA) electric vehicles, and he hasn’t seen evidence of a surge in orders in China after Tesla cut prices on Jan. 6. Insurance registration data out of China shows that about 13,000 Tesla vehicles were registered the week after the cut, up from... + full article



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