Written by Moneypig Trading Inc.
The CFO said in the earnings call that the 2023 Average Sales Price will be $47K & Tesla can maintain 20% or above gross margins, which is higher than a lot of bearish expectations
between 15~20% gross margins in 2023
Also explained in our Youtube video:
If we look at the margins of all other EV players like $GM & $F, we can see why investors give Tesla a massive market cap here.
There are some major risks that we didn't get clear answers in the 22Q4 earnings call:
1. If Elon Musk can focus on Tesla will be the key to watching for Tesla stocks.
2. When can CyberTruck reach its massive production?
3. Can Tesla push a cheaper EV model production early to compete with $BYD?