JMP Securities' Joe Osha Surprised With Tesla's Q3 Profits

JMP Securities' Joe Osha Surprised With Tesla's Q3 Profits

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Interactive Video

Business

University

Hard

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The transcript discusses Tesla's surprising gross margin in the third quarter, which exceeded expectations and contributed to profitability. It highlights Tesla's production and sales strategies, including the opening of a Shanghai factory and the Model Y launch. Despite profitability, concerns about declining top-line revenue growth are raised, leading to a stock rating change from buy to hold.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the skepticism surrounding Tesla's performance?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Model Y for Tesla's growth strategy?

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