Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
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Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
#2From their letter (link to below if you want to read)
> Later this year, we expect to finalize locations for Gigafactories 3, 4 and possibly 5 (Gigafactory 2 is the Tesla solar plant in New York).
Should be an exciting conference call. (5:30pm EST)
http://files.shareholder.com/downloads/ABEA-4CW8X0/394401180...
Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
#3It's fun to read Mark Spiegel's twitter feed. I've never seen someone so desperately try to force a theory. I wonder why some people want to see Tesla fail so badly.
Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
#4[deleted]
Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
#5People get upset by the 'superhero' status of Elon Musk. Nerds everywhere worship the guy, buy his cars, watch his SpaceX launches.
But honestly, let him have it, I say. He's earning it. He's taking huge risks and succeeding where others weren't willing to try.
Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
#6It's fun to read Mark Spiegel's twitter feed. I've never seen someone so desperately try to force a theory. I wonder why some people want to see Tesla fail so badly.
I can sorta understand how he got there. Historically, making a car company is very, very hard. It's a tough industry to crack into. So when you see a startup car company with a hugely inflated stock that has a (based on historical data) very low chance of success, it makes a lot of sense to bet against it. But as it succeeds, you have to keep doubling down on the idea that it can't possibly deliver on it's promises and will fall on it's face eventually. At some point he slipped from making a reasonable bet to frothing at the mouth a bit.
Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
#7Is it just me reading too much financial news or does "beats estimates" sound like it was better than estimates?
Loss was 69 cents vs 53 cents expected.
Revenues beat estimates, though.
Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
#8It's fun to read Mark Spiegel's twitter feed. I've never seen someone so desperately try to force a theory. I wonder why some people want to see Tesla fail so badly.
It's possibly related to the fact his fund is bearish on the stock market, which as been a losing proposition for the past 8 years. Maybe he is short Tesla. Tesla as well as the bull market keeps defying the odds. Optimism pays.
Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
#9Is it just me reading too much financial news or does "beats estimates" sound like it was better than estimates? Loss was 69 cents vs 53 cents expected. Revenues beat estimates, though.
>The fourth-quarter loss, excluding some items, was narrower than the $1.14 a share average estimate
Straight from the article.
Re: Tesla Says Model 3 on Track as Quarterly Loss Beats Estimates
#10It's fun to read Mark Spiegel's twitter feed. I've never seen someone so desperately try to force a theory. I wonder why some people want to see Tesla fail so badly.
Might have shorted Tesla