Tesla Q1 2020 Update • Hacker News Board

Re: Tesla Q1 2020 Update

#11

Post by tempestn » Wed, Apr 29, 2020, 8:35 PM UTC

TravisSc6tt wrote: post #5

applecrazy wrote: post #4

Earlier quoted context omitted.

Also want to point out that TSLA is up about ~6-7% in after-hours trading Edit: accuracy

I've noticed that companies' stock prices don't always correlate to the performance of their past quarter. Wonder why

Change in stock price on earnings news tends to correlate to the performance relative to expectations. The estimated performance is already priced in, so the movement will be based on how much better or worse the actual results were than the estimated/anticipated ones. In this case, it was obviously a bad quarter for Tesla, but the bump suggests that traders expected it to be even worse.

Re: Tesla Q1 2020 Update

#12

Post by chrisseaton » Wed, Apr 29, 2020, 8:36 PM UTC

TravisSc6tt wrote: post #5

applecrazy wrote: post #4

Earlier quoted context omitted.

Also want to point out that TSLA is up about ~6-7% in after-hours trading Edit: accuracy

I've noticed that companies' stock prices don't always correlate to the performance of their past quarter. Wonder why

You buy stocks based on what you think they’ll do next, not what they did previously.

Re: Tesla Q1 2020 Update

#13

Post by 11thEarlOfMar » Wed, Apr 29, 2020, 8:37 PM UTC

Curious to know how Tesla will (if it will) repatriate China profits. Perhaps they don't, but just ship China-sourced parts to Fremont and Berlin paid for with China profits?

The political climate could take a very ugly turn, China will want to keep cash within its borders.

Re: Tesla Q1 2020 Update

#14

Post by pa7ch » Wed, Apr 29, 2020, 8:39 PM UTC

robmerki wrote: post #3

chollida1 wrote: post #2

Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…

He's probably tweeting MAGA adjacent memes to market the Cybertruck

Honestly think this is an interesting topic. It seems that today there are marketing advantages to being a public figure that comes off as a bit of a buffoon.

Of course its impossible to know if this is being intentionally done unless they are caught talking about it or something.

Re: Tesla Q1 2020 Update

#15

Post by guardiangod » Wed, Apr 29, 2020, 8:39 PM UTC

chollida1 wrote: post #2

Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…

Someone _please_ hire someone to follow EM with a phone jammer on. I can't take his BS anymore. Why do smart people like to have strong opinions on subjects they are not expert in?

(Disclosure: I own TSLA stocks.)

Re: Tesla Q1 2020 Update

#16

Post by 93po » Wed, Apr 29, 2020, 8:40 PM UTC

Let the anti-Musk astroturfing begin

Re: Tesla Q1 2020 Update

#17

Post by the_cat_kittles » Wed, Apr 29, 2020, 8:41 PM UTC

chollida1 wrote: post #2

Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…

this kinda comment makes me lol so hard at HN- passing mention of any tech, but loads of stats on financials and personality of the ceo.

Re: Tesla Q1 2020 Update

#18

Post by slg » Wed, Apr 29, 2020, 8:42 PM UTC

chollida1 wrote: post #2

Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…

>- Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy

Musk is on the verge of a three quarter of billion dollar windfall if Tesla's six month average market cap exceeds $100b. I would guess that motivates his desire to open as soon as possible.

https://www.reuters.com/article/us-tesla-stocks-musk/teslas-...

Re: Tesla Q1 2020 Update

#19

Post by taurath » Wed, Apr 29, 2020, 8:42 PM UTC

TravisSc6tt wrote: post #5

applecrazy wrote: post #4

Earlier quoted context omitted.

Also want to point out that TSLA is up about ~6-7% in after-hours trading Edit: accuracy

I've noticed that companies' stock prices don't always correlate to the performance of their past quarter. Wonder why

Stock price is extremely sensitive to both guidance from the company and analysis. There's almost always an analyst consensus on the expected performance of the stock given the knowns about the companys performance and the market. The stock is usually pegged right at that consensus, so if they lose less money than than the consensus was expecting (even if they lost more money) then the price goes up.

Re: Tesla Q1 2020 Update

#20

Post by xiphias2 » Wed, Apr 29, 2020, 8:43 PM UTC

chollida1 wrote: post #2

Since, things are slow, my notes.... Misc: - Fremont plant idle since March 23rd - raised 2.3B in February, which seems really well timed now - Musk venting with "FREE AMERICA NOW" tweet makes him seem almost crazy - can see why Elon is going crazy on twitter, he'd almost turned around Telsa and now they may be in the worst cash crunch of their long life - Shanghai Giga reopened on Feb 10th, showing the importance of…

- Will Elon stop with tweets that hurt Tesla? Appoint a CEO, or COO to run things to take pressure of Elon?

I have read this from so many people for the last 5 years all the time. Sure, the tweets show that Elon wants faster growth, and frustrated, and I didn't like that tweet either, but if you want a conservative CEO, buy IBM or Oracle stocks, please leave Tesla alone.