[OC] How Tesla earned its latest Billion

Posted by sankeyart

14 comments
  1. This is a company with a market cap which <checks notes> is larger than the next half dozen automakers combined. Okay.

  2. 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

  3. Tesla bag holders don’t know how to read an earnings report.

  4. I dare say his recent political endeavours have not been great for the brand

  5. Repost this on r/wallstreetbets. It would be interesting to see the reaction.

  6. So a large part of the profit is “Other income“, is that Muskovy transfering money from his own bank account to cover up?

  7. Which of these categories had hundreds of millions of dollars of ketamine lumped into it?

  8. They must have really good accountants to still show a profit for the quarter.

  9. 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

  10. Elon Musk is doing to Tesla what Mike Lindell did to his ‘My Pillow’ company. Maybe supporting Trump is not good for business.

  11. Auto sales down 15%.
    Revenue down 12%.
    BUY BUY BUY….lol.

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