Tesla’s Model Y reveal, led to a mostly unimpressed audience and unenthused investors. Does the largely hype-less response show a market well-addressed or indicate declining interest? A definite sign in shareholder interest is the TSLA share price decline following the announcement. Tesla expects to see a rise in demand for the Model Y of at least 50% over the model 3—or at least, Musk expects the spike in demand. But what makes him so sure it will come? One thing which may clue him in: Tesla’s E-SUV, the model X, accounted for nearly 20 percent of Tesla sales last year.

The post Tesla Shares Drop after Mediocre Model Y Reveal appeared first on CCN

You may be interested

Blockchain
shares2 views

Taiwanese Development Council to Form Blockchain Alliance in Three Months

Brian Evans - Mar 26, 2019

According to an announcement made by the National Development Council of Taiwan, the nation will launch a blockchain alliance in three months

Business News
shares2 views

Louis Vuitton Owner LVMH Is Launching a Blockchain to Track Luxury Goods

Brian Evans - Mar 26, 2019

LVMH, parent company of Louis Vuitton, is about to launch a blockchain for proving the authenticity of luxury goods, sources say.

Adoption
shares8 views

Samsung SDS President and CEO: Blockchain Can Improve Productivity in Manufacturing

Brian Evans - Mar 26, 2019

The president and CEO of Samsung SDS has said that blockchain can improve productivity in manufacturing, and represents a new concept, not just new technology

Most from this category

%d bloggers like this: