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TTM - How Tesla Model X And S Sales Numbers Were Savaged By Audi And Jaguar
Tata Motors Ltd Limited
Tesla (TSLA) lost $1.1 billion in the first half of 2019, and a chief culprit of this loss was a staggering decline in Model X and S sales. These are the nameplates that cost a lot more than the Model 3 and carry higher margins as well.
Here are the combined Model X and S unit sales numbers for the first half of 2019, as reported by Tesla in its quarterly investor letters:
As you can see in the table above, it's a combined decline of 32% as measured year-over-year. Did anything happen