90 points by coloneltcb 14 hours ago|15 comments
rich_sasha 9 hours ago
Good job the PE ratio increased in lockstep, more than compensating for the earnings going down the toilet. Just hodl and chill.
HardwareLust 12 hours ago
Why is this flagged?
cmsj 11 hours ago
Meme stock must be protected, apparently.
lawn 4 hours ago
Negative coverage about Musk or Trump is usually flagged. Sometimes vouching and upvotes negate it, but not always.
guywithahat 13 hours ago
I guess that's one way of saying Tesla beat revenue and earnings expectations. Stock price went up 3% in after-hours trading.
cmsj 13 hours ago
When you absolutely, positively, must find a nice thing to say about Tesla, yes, their 11% revenue decline - their second year in a row of revenue decline, was indeed slightly less bad than analysts expected...
brokensegue 13 hours ago
analysts are kinda irrelevant when a stock isn't connected to fundamentals anyways
Analemma_ 13 hours ago
11% revenue decline during a year where the global EV market grew 20% [0]. That's just abysmal, especially for a company which was once the only game in town if you wanted a "serious" EV.

[0]: https://www.reuters.com/sustainability/climate-energy/global...

wat10000 12 hours ago
Tesla is often compared to Apple.

I guess in this case it’s the Apple that dominated an emerging market, then fumbled it and completely lost the market to the IBM PC and ended up as a bit player for the next two decades.

r00fus 5 hours ago
Except Apple ditched their firebrand founder to fumble it all. In Tesla's case they are tied to the hip of their "founder" and are fumbling it.

Stonk still high though so...

verdverm 11 hours ago
I read "beating" more like ICE tactics then coming out ahead of a prediction, seems perhaps more accurate
rconti 13 hours ago
Bad news that is priced in is still bad news.

The meta-commentary of the bad news being priced in, and the behavior of the stock post-earnings is absolutely useful information and valid analysis, but it's not the key takeaway unless you're a day trader.

wat10000 12 hours ago
Who cares how it compares to expectations? So some experts thought it would be even worse. Why do I care what they thought? A massive drop in profits is much more relevant.
indubioprorubik 12 hours ago
Tesla is stock is great. Not because its great. But because its a optin for people, who cant opt out on a system, that opted out on them. Its like the only "fast-forward technology-wise-and-break-things" button that still seems to work. You can vote in a loose cannon - and it still will refuse to break the ship.