Bullish
$TSLA was able in Q3 to increase margins by 366 bases points (3.6%) comparing to Q2 achieving 20.8% (excluding it automotive regulatory credits) while lowering Model3 prices!! Incredible achievement. Q4 Tesla increased prices for Model3!! I won’t be surprised if they achieve 25% gross margin, that is an increase of 4.2% from Q3!! A 25% is unheard of in Automotive business, putting Tesla inline with full yr profitable for 2019!! This is a key will demonstrate to WS that profit is sustainable and Tesla business is turning around! πŸ™πŸ»$600 soon! πŸ˜‰
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