'Disappointing' timing on Model Y crossover pushes Tesla's stock down - News Summed Up

'Disappointing' timing on Model Y crossover pushes Tesla's stock down


Analysts have called the Model Y the most important vehicle in Tesla’s lineup. The demand for SUVs has jumped dramatically in the last five years, especially the market for smaller crossovers. And Tesla stands to make more profit from the Model Y’s higher prices compared to those of the Model 3, because the production cost differential between the two is not expected to be significant, Ramsey said.


Source: Los Angeles Times March 15, 2019 23:15 UTC



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