Tesla Delivers Record EVs in 2022 But Cuts Prices to Spur Lagging Demand
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Tesla delivered 1.8 million EVs in 2022, up 38% YoY, but cut prices amid weak demand, stunting growth and reducing margins in Q4.
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Tesla leads global EV sales with 19.1% market share, thanks to brand authority, first mover status, and unparalleled manufacturing prowess.
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Tesla plans a next-gen vehicle platform cutting production costs 50% by 2025, boosting margins.
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Tesla aims to monetize full self-driving software via licensing and robotaxi services, potentially pushing margins to 70%.
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With opportunities beyond EVs, analysts see 19% CAGR potential for Tesla; investors confident in adjacent revenue should consider buying.