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by more than 20% in this past quarter compared to the same time last year. it is a big number but not totally unexpected because the company has been slashing prices of its top selling vehicles over the past year. top-selling vehicles over the past year- top-selling vehicles over the ast ear. :: , ,, past year. bringing in 20% less income is past year. bringing in 20% less income is well, past year. bringing in 20% less income is well, not past year. bringing in 20% less income is well, not good. - past year. bringing in 20% less j income is well, not good. what helps the electric car maker however is that it warned wall street this was coming. so it didn t come as a complete surprise, giving tessa cut prices on its top selling cars several times last year. in fact did it again this week. tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. the price cuts did the tri ....
For semiconductors plummeted. when the chips are down this industry always manages to bounce back. in fact, that s kind of the way the whole thing works. . , . . , . works. the cycle, the lifecycle ofthe works. the cycle, the lifecycle of the product works. the cycle, the lifecycle of the product could works. the cycle, the lifecycle of the product could be - works. the cycle, the lifecycle of the product could be two i of the product could be two years for an iphone, five years for an electric vehicle. so they are very dependent on the cycle. they are very dependent on the cle. ., .,, cycle. and true enough most anal sts cycle. and true enough most analysts are cycle. and true enough most analysts are forecasting - cycle. and true enough most analysts are forecasting a . analysts are forecasting a rebound. but long term this is an industry that is in flux with the first simile factor manufacturing is the lowered from semiconductor to north america. that can take years and i ....