KEY POINTS

  • Tesla missed on the top and bottom lines in its first-quarter earnings report.
  • Automotive revenue plunged 20% from a year earlier.
  • The stock, down 41% so far this year, was little changed in extended trading.
  • psycho_driver@lemmy.world
    link
    fedilink
    arrow-up
    29
    ·
    2 days ago

    TSLA stopped trading based on reality a long time ago. Pretty sure it’s just a vehicle for foreign interests to prop up Elon so he can keep wrecking shit in the US.

      • couch1potato@lemmy.dbzer0.com
        link
        fedilink
        arrow-up
        6
        ·
        2 days ago

        Lol. I bought calls today anticipating elon pumping tesla hopes and dreams on the earnings call. Hope to sell and buy puts tomorrow.

      • Fermion@feddit.nl
        link
        fedilink
        arrow-up
        1
        ·
        2 days ago

        What’s more devestating, the -35% miss on EPS, or the notion that Musk will be spending more time meddling with the company?

    • SinningStromgald@lemmy.world
      link
      fedilink
      arrow-up
      5
      ·
      2 days ago

      Wasn’t there a story recently where Tesla was telling foreign investors to use offshore banks/firms to invest so they dont have to report them?