REUTERS/ Rebecca Cook
UBS analyst Colin Langan shows Tesla‘s newly-revised pricing strategy is intended to set the company up to raise more coin in the fourth quarter. Tesla is scheduled to report earnings on Wednesday, and investors will be closely watching the outcome and precede narration. Follow Tesla’s stock price in real-time here .
Tesla‘s newly-revised pricing strategy isn’t simply intended to boost its near-term probability — it’s defining the company up to raise more fund in the fourth quarter, says UBS.
Tesla recently adjusted the down payment requirement for Model 3 requiring. Instead of forking over a $1,000 down payment, patrons are now required to submit a non-refundable $2,500 configuration deposit.See the rest of the fib at Business Insider
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