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TSLA | China is offering discounts on the Model Y again—what Musk lacks now isn't trending-topic coverage 😂
What Tesla needs most right now may genuinely not be another post from Musk. 😂
In August, the Shanghai factory delivered 86,166 Model 3/Y vehicles, still up year-on-year, but the growth rate plunged from 38% in July to just 3.6%; month-on-month deliveries even fell 7.9%.
So the Chinese market has recently started offering discounts on the Model 3 and Model Y again.
At this point, when I look at TSLA, what I care about most is no longer:
“Are the discounts bearish?”
But rather—
After the price cuts, can sales actually recover?
Anyone can offer discounts; what is truly valuable is for sales to reaccelerate after the discounts.
If September sales clearly recover, that means trading profit for growth;
if discounts are offered but sales remain sluggish…
then things get a little awkward:
Less money is being collected, yet they still haven't sold more cars.
Musk would probably want to cut off another steering wheel after seeing this. 😂
So going forward, I’ll be watching China’s September sales closely. This figure may be more useful than ten of Musk’s posts.
#TSLA