Tesla announces earnings miss expectations by 34.89% and the stock trades up after hours. Something is rotten in the state of Denmark.
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More like there are suckers who believed Leon was going to actually step back from Doge to concentrate on Tesla or swindlers who are trying to convince others that this is true. Longer term the only thing that will save Tesla is his complete disassociation.
Now plot 1 or 2 years
The Tesla stock is insane. I’d short it if I didn’t think their investors were morons.
Unpredictable morons. That’s the real issue.
TSLA has been completely divorced from reality for years now…
It all may sound like a great big bucket of bad news for the car company, but the stock market has a different take. “If this is the worst it gets for Tesla, then certainly there must be some upside for the stock once tailwinds, such as the highly-awaited cheaper model and the Robotaxi, finally hit the market later this year,” wrote Thomas Monteiro, senior analyst at investing .com.
Quote from this article by Ars Technica
I am not posting this because I think it makes any sense. It only makes sense if you are a rich person with way too much money to be bothered by Elon Musk’s track record of just making shit up.
If they think a cheaper car and self-driving capabilities are coming at the end of the year, i have a selection of bridges i would like to sell them.
