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researcher59

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Re: valuemind post# 105578

Wednesday, 06/14/2023 10:09:12 AM

Wednesday, June 14, 2023 10:09:12 AM

Post# of 116087
TSLA -2 to 257, up 109% YTD despite net income down 24% y/y due to aggressive price cuts ..... it's an expensive stock considering the shrinking margin trend - the competition keeps getting stronger.

Tesla’s first-quarter operating margin fell from 19.2% in the first quarter of last year to 11.4% this quarter.

https://apnews.com/article/tesla-profit-income-sales-price-cut-musk-3dae7c41ed4cc8ff38f3312a4c1213f3
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