This is a company with a market cap which <checks notes> is larger than the next half dozen automakers combined. Okay.
Look at Operating Margins. Down by 42% y/y and is at ~4%. That’s where automobile industry operates.
Welcome to reality, Tesla ! That’s also a reason, as many analysts had explained previously, why Apple dropped Car making idea. It’s a tough business with paper thin margins but huge investments and regular CapEx for upgrades
Tesla bag holders don’t know how to read an earnings report.
I dare say his recent political endeavours have not been great for the brand
Repost this on r/wallstreetbets. It would be interesting to see the reaction.
So a large part of the profit is “Other income“, is that Muskovy transfering money from his own bank account to cover up?
Which of these categories had hundreds of millions of dollars of ketamine lumped into it?
They must have really good accountants to still show a profit for the quarter.
400 million in tax feels rally low at these scales
And yet the stock goes up by 15%
Huh, for all the noise made about how regulatory credits were a large part of how they made their money, this conveys a very different perspective
Elon Musk is doing to Tesla what Mike Lindell did to his ‘My Pillow’ company. Maybe supporting Trump is not good for business.
Auto sales down 15%.
Revenue down 12%.
BUY BUY BUY….lol.
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Source: Tesla investor relations
Tool: [SankeyArt](http://sankeyart.com) sankey chart maker + illustrator
This is a company with a market cap which <checks notes> is larger than the next half dozen automakers combined. Okay.
Look at Operating Margins. Down by 42% y/y and is at ~4%. That’s where automobile industry operates.
Welcome to reality, Tesla ! That’s also a reason, as many analysts had explained previously, why Apple dropped Car making idea. It’s a tough business with paper thin margins but huge investments and regular CapEx for upgrades
Tesla bag holders don’t know how to read an earnings report.
I dare say his recent political endeavours have not been great for the brand
Repost this on r/wallstreetbets. It would be interesting to see the reaction.
So a large part of the profit is “Other income“, is that Muskovy transfering money from his own bank account to cover up?
Which of these categories had hundreds of millions of dollars of ketamine lumped into it?
They must have really good accountants to still show a profit for the quarter.
400 million in tax feels rally low at these scales
And yet the stock goes up by 15%
Huh, for all the noise made about how regulatory credits were a large part of how they made their money, this conveys a very different perspective
Elon Musk is doing to Tesla what Mike Lindell did to his ‘My Pillow’ company. Maybe supporting Trump is not good for business.
Auto sales down 15%.
Revenue down 12%.
BUY BUY BUY….lol.
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