An end to the dreaded price war may be in sight, though Tesla's troubles are far from over.
after the company posted weaker-than-expected third-quarter results in mid-October, missing Street expectations both in earnings and deliveries. The stock has since settled somewhat, though it remains far below its pre-earnings level.has been so fiercely engaged in; the average Tesla is selling for around 25% less than last year's sale price.about in the wake of the company's third-quarter earnings.
With the much-anticipated Cybertruck set to begin making deliveries at the end of November, and with the Cybertruck not expected to be profitable for up to 18 months, Wood said another "We are going to have to navigate through a volatile period," Wood said, adding that she still expects consumer excitement around the Cybertruck to grow following its delivery event Nov. 30.
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