The up and down in Tesla Stock Price

Tesla’s stock has skyrocketed in the past few weeks but has declined since Wednesday after the company reported unexpected quarterly earnings despite a pandemic outage of the coronavirus.

Tesla has become the most expensive and most profitable carmaker in the world but has recently gone bankrupt. CEO Elon Musk tweeted this week that he had a hard time getting the company’s best-selling model 3 sedan to market within a month of filing for bankruptcy. The Tesla Association manufactures and sells its own BEVs, but many traditional manufacturers are original equipment manufacturers that manufacture electric power train components that other automakers can purchase under their own brand.

Tesla is currently seeing strategic partnerships with two major automakers, a partnership with electronics maker Panasonic, and a manufacturing partnership with Lotus Cars. Tesla’s marketing mix reflects the nature of these organizations. In addition to the partnerships mentioned above, Tesla maintains strategic relationships with dozens of suppliers of various auto parts. But Tesla’s path to success isn’t on track.

Musk’s latest tweets are following others this week. On Wednesday’s quarterly meeting call, Tesla called for drastic restrictions on US residence in the United States in order to contain the coronavirus outbreak in fascists. These restrictions forced Tesla to close its car plant in Fremont, California.

More up and Down in TSLA stock

Tesla has embarked on a costly expansion of its Fremont plant to achieve an annual production capacity of 500,000 by 2020. Model 3, the company’s first mass-produced vehicle, will gradually grow in 2019. Some analysts say the company could have problems with all of its first Model 3 orders by 2020, with a $ 1,000 refundable deposit. Barclays analyst Brian Johnson said Friday that a large number of Model 3 orders were the basis for the TSLA stock price offer.

Determining Cost Structure One of the costly activities for a company like Tesla Motors is research and development. At Tesla, R & D costs are very important to the final price of the products offered. For example, the Model S sold at a loss of about $ 4,000 per unit. Although the organization received a car sales margin at the end of the year, R & D spending is still an important part of the final price.

Especially when the Model X moved from paper design to real car in the last two years, it cost soared to $ 179 million. This trend is expected to be exacerbated by the introduction of Model 3 and other forecasting models. For these reasons, we expect to reach the $ 550 level in 2021. You can check more from