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It’s below estimates, so it’s by definition “surprising” relative to the people whose business it is to predict these things. Disastrous may be going too far u
by addicted 3y ago
It’s below estimates, so it’s by definition “surprising” relative to the people whose business it is to predict these things.
Disastrous may be going too far unless it portends further drops going forward.
But disastrous may also be the right word because Tesla’s valuation is based entirely on massive growth. So even if this means Tesla will start growing fairly normally as opposed to rapidly, that’s bad for Tesla stock.
- FireBeyond 3y agoThere is suspicion that Tesla always seemed to just exceed predictions, predictably. I'm sure plenty of people made money when "oh look, another quarter of exceeding expected results".