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I'm not great at reading financial results, but $TSLA is up ~17% after hours, so I'm assuming they did well.
by jumbopapa 7y ago
I'm not great at reading financial results, but $TSLA is up ~17% after hours, so I'm assuming they did well.
- slg 7y agoJust a reminder that stocks move in relation to expectations and not relative to results. Bad results that are not as bad as expected results in the stock going up. Likewise good results that are not as good as expected results in the stock going down. So the takeaway from the after hours trading is not necessarily these results are good in a vacuum, it is that people were surprised that the results were as good (or perhaps not as bad) as they are.
- tempsy 7y agoYes these results were stellar and the movement reflect that