Tesla Slashed Prices. Wall Street Is Cutting Earnings Estimates by This Much. | Barron’s
started the new year with a bang, cutting prices for its vehicles around the world. Now Wall Street is making its own cuts, to 2023 earnings estimates.
Analysts seem to agree lower prices means lower profits. Not everyone sees eye to eye, however, on the magnitude of the impact that the price cuts will have on the company and its stock price.