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I’m far from a financial analyst myself, but I’m pretty sure the people who come up with the “expected” numbers are financial analysts who would be well aware o
by cantaloupe 3y ago
I’m far from a financial analyst myself, but I’m pretty sure the people who come up with the “expected” numbers are financial analysts who would be well aware of Tesla’s public pricing changes. So a better way of looking at is that people with a vested interest in correctly estimating earnings based on all available knowledge were surprised to the downside.
- DoesntMatter22 3y agoThat basically sums it up. Year over year their sales are way up but people who guessed (overoptimistically) what the number is are disappointed. Overall the company is doing great but interest rates really are killing any sort of purchase like this right now.
- pclmulqdq 3y agoIf you take an ensemble average of the estimates over all companies and all quarters, they do a pretty good job. Tesla just underperformed the market.