Giga Shanghai behind the Bitcoin fire sale at Tesla as profit margins shrink despite 'embarrassing' car prices

[Redaktion]

Elon Musk is cautiously optimistic that Tesla can claw back its 'embarrassing' price increases in the last few months, provided that inflation is brought under control. Tesla sold the majority of its Bitcoin holding in order to stay afloat in Q2 faced with the EV production challenges in Shanghai's Gigafactory.

https://www.notebookcheck.net/Giga-Shanghai-behind-the-Bitcoin-fire-sale-at-Tesla-as-profit-margins-shrink-despite-embarrassing-car-prices.636032.0.html

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when YOU raise prices - YOU get inflation!