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: https://youtu.be/UgmsXDLk40c If we look at the margins of all other EV players, we can see why investors give Tesla a massive market cap here. Tesla 20+% Toyota 7.4% General Motor 6.5% Volkswagen 6.3% Ford 5.9% Honda 4.2% BYD Company Limited 2.9% Nio. -25.8% There are some major risks that we didn't get the clear answers in the 22Q4 earnings call: If Elon Musk can focus on Tesla will be the key to watching for Tesla stocks. When can CyberTruck reach its massive production? Can Tesla push a cheaper EV model production early to compete with $BYD? submitted by /u/Moneypig_Trading [comments]
