Instead a truly garbage human being continues to get thought of as a god by the incredibly stupid.
Elon Musk is a pedoguy.
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Instead a truly garbage human being continues to get thought of as a god by the incredibly stupid.
Elon Musk is a pedoguy.
Year-over-year revenue flat, year-over-year GAAP income down 25% on 20k more units delivered. Hard to understand...
It’s a deteriorating margin mix; discounts to move metal.
Earlier quoted context omitted.
The Y will mostly cannibalize 3 sales, but will be good for a few quarters’ pop.
I thought the Y was most similar to the X? Am I missing something?
IMO, all Tesla vehicles (so far) are pretty similar to each other.
On the one hand, Y is a less expensive X.
On the other hand, Y is a bigger 3 with a hatch back.
I'm not an expert in automotive consumer behavior, but I have to imagine that Y will cannibalize some amount of 3 sales. I also don't think that will matter that much - there is so much demand for Tesla vehicles that they are battery limited.
I have been a longtime bull, but their stock value is now up over 140% in the last 3 months and I can't say I fully understand why.
Earlier quoted context omitted.
It’s a deteriorating margin mix; discounts to move metal.
I guess the hard to understand part is: how does a $50B company that is growing revenue at 1% annually more than double its market cap in 3 months. It's insane (ludicrous?)!
Heck, Fiat has to hand over almost $2B to Tesla just to be permitted to sell cars in Europe because they have little to no low or zero emissions vehicles to sell.
As an investor desperate for returns, do you invest in the past or the future?
I have been a longtime bull, but their stock value is now up over 140% in the last 3 months and I can't say I fully understand why.