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Discounts could be an early warning sign at Tesla.
Tesla (TSLA -1.11%) has started offering discounts on vehicles, an early sign that demand may not be as strong as the company hoped to end the year. Is this a sign that margins and earnings will be under pressure in 2023? Travis Hoium digs into the numbers in the video below.
*Stock prices used were end-of-day prices of Dec. 2, 2022. The video was published on Dec. 6, 2022.
Travis Hoium has positions in General Motors and has the following options: long March 2023 $250 puts on Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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